As CZ Zhao Changpeng returns and interest rate cuts are approaching, this statement by Sister Yi is absolutely objective and true.

Regardless of whether it has a driving effect on the cryptocurrency circle, a careful reading will definitely deepen your understanding of the cryptocurrency circle.

Yijie stands in the perspective of God and describes the current cryptocurrency circle and Binance very accurately.

Binance is the direction indicator in the circle, and Yijie is the window for speaking. In my heart, Yijie has the strongest sense of reality in the cryptocurrency circle.

Analysis of the four core points of the long article by Yijie:

First point: "Is the cryptocurrency industry going to end?" Current industry analysis

This shows that the current status of the industry and the fluctuations in everyone's emotions are infinitely increasing. Bad news has caused anxiety and confusion to spread in the currency circle, but the development of the currency circle is closely linked to the economic cycle, and such fluctuations are bound to occur on the road ahead. In the past ten years, the currency circle has changed from an early environment similar to the Wild West. In the economic upswing cycle, due to capital overflow and the early characteristics of the industry, the currency has increased by hundreds and thousands of times. Now that the economy has entered a new cycle, consumption has been downgraded, the number of players has increased, and traditional professional players have joined. Making money is no longer as easy as before. However, from the questioning of Bitcoin to the approval of Bitcoin and Ethereum ETFs, the scale of transactions in traditional finance related to cryptocurrencies has steadily expanded, and the currency market has gradually become related to the stock market.

Second point, "Is Binance flat?" Binance's current positive attitude

This shows that Binance's attitude is very positive, and its mission and vision are always changing. It hopes to promote large-scale adoption of the blockchain industry and serve one billion users to become the world's infrastructure. To achieve this goal, Binance needs to find a balance between ideals and reality, and ensure compliance and anti-money laundering. Its products should be able to serve the majority of people, expanding from transactions to Earn, Square, Pay, web3 wallets and other fields, so that blockchain technology can be truly popularized.

III. Is your coin listed on Binance? Compliance

The ultimate goal of the project is to issue currencies for trading and circulation on Binance. In order to protect investors' assets from malicious control, Binance has issued a long article to publicly analyze the framework and process of currency listing: Binance currency listing consists of four links: business, research group, committee, and compliance review. The aesthetic preferences for currency listing include: listing projects that users need and have traffic (such as learning the lesson of not paying enough attention to MEME coins), listing long-lived projects (affected by capital intervention and the rise of DEFI, the industry is decentralized, and although the price of the project is not determined by Binance, it has a chance to survive long), and projects with solid business logic (it is believed that the essence of entrepreneurship remains unchanged, and issuing coins is a lifelong responsibility. Projects that meet the standards of having a reliable team, entrepreneurial potential, reasonable valuation, and enabling tokens are welcome to contact us). At the same time, in preventing insider trading, Binance has taken a variety of measures and issued a reward for soliciting reports of violations. If there is an insider report, the reward will be between US$10,000 and US$5 million (reporting email: audit@binance.com)

Point 4: "If we disagree, you're probably right." Extremely inclusive

This is just my personal feeling and communication attitude: I think that personal achievements are due to the opportunities of the times, and I am not necessarily right. If Bitcoin was born in 2024, it would definitely not survive. Everything I say is personal expression, regardless of right or wrong. The expression of personal opinions is very likely to cause misunderstandings. I hope that investors will do their own research, entrepreneurs will move forward steadily, and we will explore the future of the industry together.

If I can get the comments and messages from Sister Yi, I will be the most determined creator of Binance Square. @Yi He