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A comment on Binance's books are a black box, filings show, as it tries to rally confidence. Parent comment

Re:Binance's books are a black box, filings show, as it trie... by AlexandrB on Monday December 19, 2022 @03:35PM (#34057295)
> Then again fanatical users speaks to good product design somewhere

Or to a conflict of interest. Unlike consumer products, crypto usually ends up being worth more if more people are using it. Most crypto proponents hold some crypto and have a financial incentive to get more people into it.

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Re:Binance's books are a black box, filings show, as it trie... by corv on Monday December 19, 2022 @03:55PM (#34057556)
The same is true of the telephone, smartphones, the internet, etc.

Metcalfe's law applies here as the utility of the network rises with the number of participants.

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Re:Binance's books are a black box, filings show, as it trie... by Jensson on Monday December 19, 2022 @04:03PM (#34057673)
No the same isn't true, I can't sell my telephone for more just because there are more other people with phones.
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