Take a good look at countries debt and their total reserve in banks. Take a good look at what newspapers are writing about crypto. And take a good look at what central banks says about crypto and the current currencies.
The fact is countries are in a deep debt!
1. US $26.70 trillion as of August 31, 2020
2. UK $2.54 trillion or £1.876 trillion
3. EU $14.79 trillion or €12.5 trillion
4. China $5.6 trillion
All of these big countries with big debts needs to pay it off and they need more money so they will need to print more money, rise taxes, increase bank interests on loans and all of this will lead the world to inflation.
So they will do whatever they can to pay that debt with lower value and make money while they pay their debt in a huge inflation.
What comes next is to stop me and you from buying assets (mostly crypto as it has eyes of everyone on it). So they keep our money in our own bank accounts. That’s a very good news though, because then we can fill our wallets with crypto now (with other bank accounts) and wait for the right time!
The problem is not Binance, the problem is global debt and huge upcoming inflation.
Thanks you for your time and please do excuses me if I made any mistake above. It’s just my thoughts and I appreciate your opinion on what I have stated above.