Today, CZ resigned from his position as the head of Binance, and at the same time compromised and pleaded guilty to the crypto guillotine SEC, CFTC, Ministry of Justice and other institutions. The big bomb hanging over our industry also exploded in the form of a dud, which may be the best result.
First of all, Binance cannot escape this disaster. Wall Street old money and Jewish capital are about to come into play. They must clean up the table and let CZ hand over the military power.
Secondly, the Fed must have a place to release money in the future to avoid causing inflation again;
Third, based on the first two, it can be inferred that the big pie ETF is getting clearer and clearer, the road is cleared, the dishes are ready, and only the old money is left to eat the meat;
Fourth, Binance will become more and more compliant. Since it has been granted peace, it will have to rely on others and play with politicians. It will have to restrain its previous gangster ways and learn to make concessions in order to survive for a long time. Its territory will become smaller and smaller.
Fifth, CZ is familiar with Chinese history and knows that the only way to survive is to follow the path of Zhao'an. Therefore, he trained Richard, a successor with good relations with the West, a year in advance. The actual control behind the scenes can only be a temporary measure. In the future, he will either surrender completely or get away with it.
Sixth, this is definitely a good thing for our industry, which means that Big Pie will soon be able to enter the market. Since BlackRock, Fidelity, Vanguard, Invesco and other old money want to make money through him, they will inevitably need him to carry more funds.
This means that there will be more and more money in our industry, and the next round of bull market will be even more magnificent. We should plan ahead and wait for the wind to rise! I wish Binance and CZ to become stronger and stronger, although I know it’s a bit powerless!
