This Binance Iran situation is wild shows how hard it is for big exchanges to fully control flows but raises serious questions on compliance and geopolitics
rocket_beer on
Or… (and this is a pretty big or)
We could try peace? 🤷♂️
liquid_at on
I guess CZ can get a presidential pardon again. No biggie. /s
deckartcain on
Good for them. US and European sanctions has cost the lives of millions of people, and creates an unipolar world where they’re free to do as they please without any accountability. The fact that we live in that part of the world, and benefit from it, doesn’t make it morally correct. If people want to live in theocracy, they’re absolutely entitled to do that, and should resist violently against people who challenge that right. Those who don’t like it, as in a democracy, are free to move to another location and seek another way of living, just as anyone who wants to live in a theocracy, should absolutely be able to do the same.
Medium_Change4574 on
At least they didn’t make a memecoin to scam their own people
Cultural-Candy3219 on
There are two different debates that often get mashed together here. A neutral network lets value move without asking the protocol for permission. A centralized exchange is a regulated business with bank accounts, customer records, employees, servers, fiat rails, and legal exposure. Those are not the same system even if both touch the same asset.
That is why the compliance fight usually shows up at exchanges, stablecoin issuers, custodians, bridges, and fiat exits rather than at the base protocol itself. If a venue advertises itself as a compliant global exchange, then regulators will judge its monitoring, sanctions controls, account clustering, and response process.
The uncomfortable part for crypto is that liquidity and convenience pulled a lot of activity back into these big custodial hubs. People wanted easy trading, fiat access, cards, leverage, and support tickets. That convenience creates exactly the kind of choke point and paper trail that permissionless crypto was supposed to route around.
KualaLJ on
No complaints when they fund Trump shit coins…but somehow is different now?
khmaies5 on
You guys have no issue with Trumps scam coins and Zionist war criminals use of Binance but you start complaning when a country under attack uses crypto!
A_SimpleThought on
Comments in this thread are why I’ve mostly exited crypto. Just a few more bits to sell. Fuck the regime. Fuck anyone who supports them. Fuck anyone who thinks crypto should give any kind of freedom to terrorist organisations.
People seem to be far too immature to understand what is going on with the current situation. Either because they are ignorant, stupid or because they’ve fallen victim to propaganda.
If this is what people genuinely believe in then crypto has no long term future.
bwhite2018 on
Too bad we aren’t still flattening Iran.
External-Ad-6098 on
Is that the 100 plus millions that gets withdrawn? It really is a casino or atm to these people huh 🤔
CautiousToaster on
Maybe Biden was right about CZ
Quirky_File_5189 on
Didn’t trump pardon the founder?
AcanthisittaEarly983 on
What are we suppose to grab our pitchforks and make binance drop them? Isn’t this a core selling point of crypto? The ability to not be de-banked.
ReasonablePossum_ on
Good for them. These propaganda bot accounts are annoying.
Romanizer on
Why not, is there a problem with Binance?
Unfair-Grand-3740 on
I love Iran mocking Donnie
LieutenantBrainz on
A l
Ok-Butterfly-7366 on
This is too real
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This Binance Iran situation is wild shows how hard it is for big exchanges to fully control flows but raises serious questions on compliance and geopolitics
Or… (and this is a pretty big or)
We could try peace? 🤷♂️
I guess CZ can get a presidential pardon again. No biggie. /s
Good for them. US and European sanctions has cost the lives of millions of people, and creates an unipolar world where they’re free to do as they please without any accountability. The fact that we live in that part of the world, and benefit from it, doesn’t make it morally correct. If people want to live in theocracy, they’re absolutely entitled to do that, and should resist violently against people who challenge that right. Those who don’t like it, as in a democracy, are free to move to another location and seek another way of living, just as anyone who wants to live in a theocracy, should absolutely be able to do the same.
At least they didn’t make a memecoin to scam their own people
There are two different debates that often get mashed together here. A neutral network lets value move without asking the protocol for permission. A centralized exchange is a regulated business with bank accounts, customer records, employees, servers, fiat rails, and legal exposure. Those are not the same system even if both touch the same asset.
That is why the compliance fight usually shows up at exchanges, stablecoin issuers, custodians, bridges, and fiat exits rather than at the base protocol itself. If a venue advertises itself as a compliant global exchange, then regulators will judge its monitoring, sanctions controls, account clustering, and response process.
The uncomfortable part for crypto is that liquidity and convenience pulled a lot of activity back into these big custodial hubs. People wanted easy trading, fiat access, cards, leverage, and support tickets. That convenience creates exactly the kind of choke point and paper trail that permissionless crypto was supposed to route around.
No complaints when they fund Trump shit coins…but somehow is different now?
You guys have no issue with Trumps scam coins and Zionist war criminals use of Binance but you start complaning when a country under attack uses crypto!
Comments in this thread are why I’ve mostly exited crypto. Just a few more bits to sell. Fuck the regime. Fuck anyone who supports them. Fuck anyone who thinks crypto should give any kind of freedom to terrorist organisations.
People seem to be far too immature to understand what is going on with the current situation. Either because they are ignorant, stupid or because they’ve fallen victim to propaganda.
If this is what people genuinely believe in then crypto has no long term future.
Too bad we aren’t still flattening Iran.
Is that the 100 plus millions that gets withdrawn? It really is a casino or atm to these people huh 🤔
Maybe Biden was right about CZ
Didn’t trump pardon the founder?
What are we suppose to grab our pitchforks and make binance drop them? Isn’t this a core selling point of crypto? The ability to not be de-banked.
Good for them. These propaganda bot accounts are annoying.
Why not, is there a problem with Binance?
I love Iran mocking Donnie
A l
This is too real