BINANCE “HAS LEFT” EUROPE

The text I’m posting below is from last July, when Binance was excluded from the European regulatory framework. The cover photo, however, is from today. It seems… it seems… that Europe is doing everything it can to play against its own citizens.

Let me throw out a few thoughts.

For 80 years, the average European hasn’t had any problems with money. They don’t really perceive either the risk of future and seemingly imminent instability of their currency (by “their” I mean the currency, but also the European themselves 😂), nor what it means to live in a country dealing with monetary problems, let alone why such a risk might exist in the first place (nuclear accident + corralito).

This extreme sense of security when it comes to stability 😂 has led them to think that “everything will just keep going like this, and somehow everything will work itself out, because Europe IS NOT A BANANA REPUBLIC.”

Bad news if that’s the mindset.

This extreme sense of security when it comes to stability 😂 has also led them to overlook the fact that the very foundation of these assumptions lies in something that is not only inherently unstable (the currency), but that will very likely go to hell sooner rather than later.

When?

When someone snaps their fingers.

With these necessary premises out of the way, the average European has not even remotely approached the crypto world.

The crypto world, let me repeat for those who are blind to it, is useful precisely when the traditional world stops working.

As long as the traditional system works, there is absolutely no reason for anything to happen in the crypto world.

But when something does happen — when someone snaps their fingers — there will be no time left.

And, apart from perhaps the 0.0001% who have actually understood and internalized what I’ve written above, even those who may have approached crypto — more out of a desire to speculate, to make a few bucks, than for anything else — will have capitulated at the news that Binance had left (along with the current negative sentiment surrounding the sector and crypto prices).

I can tell you that Binance was the best-known platform and the one with the easiest access for the average citizen.

If they wanted to make the landing difficult, this was certainly one of the tools.

As is the enormous negativity surrounding the sector at the moment, coming from people who haven’t understood what I’ve written above.

That negativity must not make us lose sight of what the crypto market actually is: a parallel system built to function in emergency conditions.

When someone snaps their fingers, those who loved the euro will take some time to realize that their love was an illusion.

Those who didn’t love the euro but were undecided will have to find alternatives to what was, in effect, a traditional bank (Binance).

And in the meantime, what happens?

In the meantime, crypto as a sector (I’m not talking about individual cases) goes x2, then x4, then x8.

And the average citizen will still be there wondering what the hell they should do 😂

And they will enter at the wrong time.

Ripped off by the currency. Ripped off by crypto.

And at that point… it’s not necessarily the case that Binance won’t come back 😂.

Because the war between “Nazi Europe” and Binance… exists only in your head 😂😂😂