Binance Guy Says the Crypto Crash is Good, Actually

Sounds like a... very convenient narrative.

"Crypto is so early," he reportedly said, adding that investors, who he encouraged to "ride out the winter," should measure crypto's worth not by value, but by the amount of people who buy, use, and trade it. "We're not in a saturated market."of people to financial devastation in the first place.

Sure, compared to traditional assets, the cryptosphere is still in its relative infancy. But the idea that blind faith is just part of the deal — an ideology that crypto exchange FTX went as far as to— has already done untold billions in damages to smalltime, low information investors.

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