I'm trying to figure out why, in crypto, a boycott of a centralized entity to produce justice is somehow necessary.
For a protocol that's supposed to be decentralized, mind you.
The $LUNC crowd, aka the bagholders left over from the shambles of the $LUNA debacle, immediately went to find new paymasters after Do Kwon left them out to lunch. Binance, a centralized exchange, is now on the chopping block after supposedly refusing to implement a 1.2% tax the LUNC community wants to impose on itself.
Tell me again why LUNA was on Binance in such numbers anyway? And why LUNA continues to be on other centralized exchanges that could pull the same thing at any point?
It's just hilarious to me that LUNAtics celebrated inclusion on Binance, like "We're on Binance! To the moon!" then want to decry that inclusion. Now they're like, "Boycott Binance! To the moon!" It reeks of a lack of integrity and confusion as to the actual mission of Terra. Decentralization, I thought. If you had stuck to that tenant anyway, you'd never have to worry about what a CEX is doing.
The hypocrisy in crypto is alarming. Humans are really not ready for the tech improvements crypto brings. I take that back. The majority of humans aren't ready.
Like, if a CEX buys a bunch of your defi coin and lists it, that's one thing. But if you go after inclusion on a CEX and market that as a victory for your coin, then want to boycott it because it's acting like a CEX, there's a problem. It's a problem that will eventually tank your coin or leave it to be co-opted by non-defi.
That's what I see happening here. You can make money on LUNC, but it's not going to change the world because the people behind it are confused. Kujira seems to be the next step in the right direction, but we'll see what they do with the onboarding platform they're promoting.