Fear, uncertainty, and doubts grow around Binance after a day in which they have processed $1.140 million in withdrawals according to the words of its CEO, CZ. He has published in a tweet that it is a situation that they have experienced before and that it is normal, one more day at work. He also commented that he sees these periodic stress tests positively (normally, if you are a CEO, go out to reassure people).

The debate on Twitter is getting interesting because many people believe that if Binance falls, the cryptocurrencies are dead, while many others believe that they would return to an area from which they would never recover and a few others believe that it would be the cleaning that will be done. need in the meantime fraud.

I am one of those who think that Binance is a fraud but it will not fall (now) if there is not the necessary FUD push to cause massive withdrawals. If Binance falls, the blow would take us to a minimum market capitalization and most of the protocols will not hold. But after that, projects will emerge again, the new capital will come, new growth, regulations, and a new wave of adoption. The time cycle is what is yet to be determined, it may be the two years we all expect or it may be longer depending on how the global economy works.

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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