$BTC

Today's hot topic in the cryptocurrency circle: Binance's first lady's long speech!!!

At the time when CZ Zhao Changpeng returned and the interest rate cut was coming, the first lady's speech was absolutely objective and true.

Whether it has a driving effect on the cryptocurrency circle or not, a careful reading will definitely deepen your understanding of the cryptocurrency circle.

From a God's perspective, the first sister's description of the current cryptocurrency circle and Binance is very accurate.

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

Analysis of the four core points of the first sister's long article:

The first point: "Is the cryptocurrency circle going to end?" Current industry analysis

It shows that the current status of the industry and the emotional fluctuations of all people are infinitely increasing. The anxiety and confusion caused by bad news are spreading in the cryptocurrency circle, but the development of the cryptocurrency circle is closely linked to the economic cycle, and such fluctuations are bound to occur on the road ahead. Over the past decade, the cryptocurrency industry has gone from an early Wild West-like environment to a hundred-fold and thousand-fold currency due to capital overflow and early industry characteristics during the economic upswing cycle. 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 and the stock market have gradually become related.

The second point, "Is Binance Lying Flat?" shows Binance's current positive attitude

It shows that Binance's own attitude is very positive, and its mission and vision have never changed. 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 be compliant and anti-money laundering. The product must be able to serve most people, expanding from transactions to Earn, Square, Pay, web3 wallets and other fields, so that blockchain technology can be truly popularized.

Three, "Is your currency 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 published a long article to publicly analyze the framework and process of listing coins: Binance's coin listing consists of four links: business, research group, committee, and compliance review. The aesthetic preferences for listing coins include: listing projects that users need and have traffic (such as learning from the lesson of not paying enough attention to MEME coins), listing projects that can survive for a long time (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 for a long time), and projects with solid business logic (believing that the essence of entrepreneurship remains unchanged, issuing coins is a lifelong responsibility, and welcomes projects that meet the standards of having a reliable team, entrepreneurial potential, reasonable valuation, and enabling tokens).At the same time, in terms of preventing insider trading, Binance has taken a variety of measures and issued a reward for illegal reports. If there is an insider report, the reward is between US$10,000 and US$5 million (reporting email: audit@binance.com)

The fourth point: "If we disagree, then you may be right." Strong tolerance

This is just Yijie's personal feelings and communication attitude: Yijie feels that personal achievements come from the opportunities of the times, and she is not necessarily right. If Bitcoin was born in 2024, it would definitely not survive. All the words are personal expressions, 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 everyone will explore the future of the industry together.

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