With all the chaos over the last week with the SVB, Silvergate shutdown, and now USDC plus several other stables are off peg I think it is time to reflect on the greatest meme I have ever stolen. Leverage is fun but 99% of people have zero clue how to use it responsibly. Even those running "exchanges". Many of these folks lack a business background thus have zero grasp of how effective risk management works. Theft is one thing which unfortunately happens as there are trash people who steal. However, losing substantial sums of money such that you become insolvent because you have a gambling problem which is entirely a personality problem.

While it is true #Binance is a beacon in the crypto space and it remains our home we have had to make some preemptive defensive moves. Our default reflections are now paid in #USDT unless you select something different. #BUSD

Crypto.com has decided to delist BUSD. Saw this coming. This is an attack on Binance, plain and simple. Equity is not big enough to withstand a depeg event yet. While we have faith that Paxos will win in court, our holders come first.

Things are happening. This is the beginning of the next chapter for #Equitytoken. No other token on any chain will have the ability to do what we can do with the Vault. #passiveincome is the future #BNB #CryptoNews

Even the SEC agrees. Not your keys not your crypto.