It just looks like there are very few people who believe that true decentralization is really possible.  However, even with all the orientation to be decentralized, some institutions are forced to operate centrally citing reasons of survival past regulatory interference.

CZ Binance Expressed: “The future is decentralized.”

Community Reaction: “So, we should withdraw our funds from Binance to buy $BNB?”

Reportedly, Binance has run as a decentralized entity with no formal headquarters and later has received regulatory warnings worldwide, including from Hong Kong, Japan, and the UK, and has been facing numerous bans and restrictions.

According to the reports, the three most popular centralized exchanges in North America are Coinbase, Gemini, and Binance. The biggest decentralized platforms by transaction volume are Uniswap, dYdX, and Compound.

Business insider in the past stated, the world’s largest crypto exchange will become a centralized entity to ease its compliance across jurisdictions, per Finextra. Since its launch in 2017, Binance has had no formal headquarters despite operating globally, which means it has struggled to obtain regulatory approval anywhere.

Every country is shutting down crypto. However, analysts have to state that most countries will understand the importance of blockchain. The old systems of government and fintech companies have fear, which is leading them to restrict new things. Those who buy should not worry about centralized criticisms.  Decentralized economy is setting in.

So, the key is to continue to Dollar Cost Average.

Decentralized technology is the key to control fraud and scam projects and to bring in protection, security and self-imposed regulation.  Those who lose are those who do not know the basics of the crypto market.

There is nothing called a perfect market.  Even in real world if you are not smart, chances are you will not survive.  You can get scammed in the simplest of things.  Crypto is not the only market where you can get scammed.  You can get scammed for nothing if you are not shrewd.

Whether Binance is centralized or not centralized is not the question.  It is about how much you are willing to invest in crypto and Binance serves as the market place, use it to buy and sell.  It is for them to fight their way with regulators to ensure the market exists.

Crypto is not a place where you through some money to become rich.  You have to do a lot of stuff – means you need to learn to earn.

CZ did not say that Binance is decentralized, but he said the future is for the decentralized; perhaps, they will be centralized before they are decentralized.

Interesting of course. Only this is what the owner of the largest CENTRALIZED exchange says, where they block users in batches and decide for THEMSELVES which coin to allow for trading and which one not. How are you moving towards decentralization?