MASSIVE Crypto Crash Explained | FTX Vs Binance

"I think it's the fastest way to make Bitcoin safer and the safer people feel deal is the way we get the approval for the Bitcoin spawn ETF which would send the price of Bitcoin much much higher."

"this is what we're seeing with binance we're seeing proof of reserves as the next step to protect customer funds this system will naturally want to evolve and develop itself into a better one but the problem with this approach is that each and every step of the evolutionary process is extremely painful in 2017 for example we saw the creation and collapse of icos in 2021 the creation and collapse of nfts in 2022 the collapse of 3ac Terra Luna voyager Celsius FTX and that's the market figuring out what works and what does not it'll continue to make a better product but the downside is that more and more people who have to lose more and more money"

"The second opinion though is to allow the free market to do its thing like what D5 is doing let it develop itself because that would create the ultimate product because it is a self-evolving system"

"this is what we're seeing with binance we're seeing proof of reserves as the next step to protect customer funds this system will naturally want to evolve and develop itself into a better one"

"the more choices consumers have the better off we are and in the background Bitcoin will continue to evolve and improve itself and even though the actors might change the story never will the story of financial Independence and freedom and how Bitcoin helped get us there and when it's ready it won't need to ask anyone's permission in this same way that the internet took over the world without asking for permission it just became the better faster way of doing things and we all started using it that's how I see crypto evolving"