This week, Binance CEO has had important statements about the fate of BNB. Also, the controversy around “Web3” has drawn everyone from Elon Musk to Erik Voorhees. Let’s take a look at the Bitcoin and altcoin discussions of recent days.
What did the phenomena talk about Bitcoin and altcoins?
December 18 cryptocoin.com As we mentioned in his news, Tron founder Justin Sun announced that he was leaving the altcoin project, which he was also the CEO of, in order to “politicize”. So this means that the government of Grenada will become ambassador to the World Trade Organization (WTO). Sun’s agenda this week had 5 Blue Origin’s, “Sea of Stars” lucky ones to be sent into space. Apart from that, 3 more TRC trading pairs have been added to the Binance exchange.
This week, there is some explosive news from Binance CEO Changpeng Zhao (CZ). The exchange’s native token, BNB, is now transitioning to a closer decentralized autonomous organization (DAO) structure. Thus, BNB will no longer be a mere “stock market token”. With the transparency of the blockchain, “token burning” operations are also carried out, which everyone can see.
“Web 3.0” has been discussed a lot this week. Elon Musk in the lead role shared his doubts about the future of this market. He even said that Web3 seems to be “more marketing fad than reality.” Then, when the following tweet of Dogecoin founder Billy Markus was added, the other party asked the same question about the latest status of Dogecoin. However, Elon Musk remained unanswered. Erik Voorhees, the founder of ShapeShift.com, criticized Dersoy because the Terra and Cosmos ecosystems were able to find solutions to these problems. “It’s harder to get people away from mining than from staking,” Voorhees said.
Institutional investor was on Pompliano’s agenda. Entrepreneur, institutional investor and Bitcoin says:
We expect risk assets to have an inverse correlation with Treasury returns, but Bitcoin does not behave that way. The market may finally be realizing that Bitcoin is a savings technology.
Finally, Microstrategy CEO Micheal Saylor addressed Bitcoin with the following tweet this week:
When we don’t buy Bitcoin to fight inflation, we do our best to make the world’s supply chains more efficient.
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