$SHIB gets bashed by $Doge co-creator BillyM2k in the context of binance and FTX SHIBarmy $BNB
, an IT engineer who founded Dogecoin in 2013 in collaboration with Jackson Palmer, continues to criticize"DOGE killer" Shiba Inu. This time it was in the context of the potential acquisition of FTX announced by Binance exchange.
The Doge co-founder responded to a tweet by CZ of Binance about the basic steps as to how not to make the same mistakes as FTX. On Nov. 8, Binance announced that it had signed a nonbinding letter of intent to acquire FTX; since it is"nonbinding," Binance may withdraw from the deal at any moment. CZ offered his followers two important pieces of advice. The first one is to never use the native token of your platform as collateral. CZ stated they have never used BNB as one. The second piece of advice is to have a large reserve of funds to avoid taking on any debt.2: Don’t borrow if you run a crypto business. Don't use capital"efficiently". Have a large reserve.
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