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I completely disagree, and I will write about it carefully tomorrow.
Sometimes, top leaders are not so broad-minded, and may not even be that smart. They can be ordinary people who are somewhat stubborn and foolish, capable of messing things up.
The original intention was simply to help BNB pay off debt and levy taxes on Altcoins by stratification.

加密韋馱|Crypto V
@thecryptoskanda
再一次提醒各位,Binance Alpha的历史使命,从来都不是为了让大家躺赚,而是:
1. 瓦解A16Z、Paradigm这些可以从tradfi几乎无成本募资的北美VC的一级定价权,并收回币安体系
2. 卷死其他交易所的山寨上币市场,以防止类似Grass出现在Bybit之类导致热点旁落的可能性
3. x.com/0xVeryBigOrang…
What I wrote is what I verified in person. Of course, there are many different interpretations of the executive level.
These are useless in the long run. New interest groups will come to support new exchanges, and the power center will take over. Accelerating the search for liquidity and the draining of user funds will make this model ineffective. Long-term and rapid liquidity exports will only allow new exchanges to come on stage faster. @Backpack
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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