#BBW2023 #Binance #BinanceBlockchainWeek #istanbul

I heard that Taiwanese youtuber Joeman’s marijuana case involved Binance,

Some people may think that "cryptocurrencies are indeed a hotbed for money laundering and drugs."

But sensible people will know that it is just a means of payment.

Just like no one would specifically emphasize: "OOO use Taiwan dollars issued by the central bank to buy marijuana."

Using this incident to attack Binance and cryptocurrencies also shows the difference in cognition.

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At this moment, Binance is holding the Global Blockchain Annual Conference in Istanbul, Turkey.

Cryptocurrency enthusiasts from all over the world gather together to discuss various value applications and developments,

Accompanying us on this trip were Taiwan’s Binance captains and a few invited cryptocurrency community representatives.

After booking a venue, Binance used “yellow and black” as its theme colors.

The scene was fully decorated with Binance elements.

Many project parties also set up stalls at the exhibition, such as Sun Ge’s Tron, Binance’s TrueUSD, etc.

#BinanceBlockchainWeek is the theme hashtag this time.

Just search on social media and you can see the information shared by other Internet celebrities. If you are interested, give it a try.

As for the focus of the annual meeting, it can be felt that this year’s focus is on “supervision” issues.

I heard that there were many traditional bankers gathered at the main lecture venue, who were not optimistic about the future development of cryptocurrency and were in conflict with the SEC’s iron fist philosophy.

"Cryptocurrency is a hotbed for money laundering crimes." Many people hold this argument.

But if you have an in-depth understanding of cryptocurrency technology,

In fact, the transparency of blockchain’s financial flow is helpful for “money laundering prevention.”

Moreover, is it really true that “cryptocurrency promotes money laundering crimes”?

To paraphrase a great speaker said:

"In terms of money laundering crimes, the largest number of fiat currencies issued by the central bank is right!"

The whole crowd laughed.

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Bitcoin was only at 27,500 last month, and today it has reached 36,500, an increase of US$9,000, or 32%.

At a time when many people’s impression of cryptocurrency was still “fraud” and “nihility”,

The ecosystem of the currency circle has been continuously being built.

Türkiye has Binance Global Blockchain Week, Hong Kong and Taipei have ApeFest,

Taipei Blockchain Week TBW in December is also in the works.

On the first day on Binance Türkiye BBW, CoinmarketCap, the world’s largest cryptocurrency price checking website,

Announced the establishment of venture capital CMC Labs and encouraged Web 3 projects to apply.

The Landing page was launched yesterday. You can scan the QR code in the picture to see the details.

"Step into the future of Web 3"

After the U.S. central bank announced that it would no longer raise interest rates, FTX's debt repayment pace became increasingly brighter.

For the currency market, which is prone to the injection/extraction of hot money, the worst situation is over.

The investment market has a "cyclical effect", and excessive enthusiasm will inevitably lead to a correction.

On the other hand, after two years of sluggishness, what happens next?

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Many people say that wealth is based on "cognition".

People of the previous generation "recognized" the potential of the land, and now they and their children no longer have to work hard.

People of this generation have "recognized" the potential of the currency circle. The previous waves of bull markets have given birth to countless great gods and giant whales.

Nowadays, we often hear social complaints:

"Those who bought houses and land in those days held on to their wealth. As a result, it makes little sense for young people to work hard now."

Fifty years from now, will anyone start complaining (?):

"Those who bought Bitcoin back then were holding on to their wealth, so now it doesn't make sense for young people to work hard."