Water can carry a boat, but it can also capsize it. Binance seems to have fallen ill, a high and mighty illness, the dragon-slaying youth has ultimately become the evil dragon.

CZ and the top influencer were very active recently, restoring some reputation, but the difficult-to-understand decision-making regarding coin listings has personally put an end to the recently improving BNB Chain. Between the project market and users, users have become the most overlooked existence. When the market is filled with curses, failing to reflect on the issues makes one feel that Binance is no longer the Binance of the past.

In the construction of BNB Chain, a targeted invitation group was formed, listening to the suggestions and opinions of a small group of indifferent KOLs. Is Binance used to hearing flattering words from them, or do they believe that ordinary users' opinions do not count? Providing services only for a small number of people, can those people still be called users? How many true words can come from the suggestions of those dependent on Binance?

If things are not going well, then learn from it. Xiaomi has been in the spotlight these days. The people who died in the car accident are indeed pitiful, but if the blame is placed on the vehicle, that would truly be a wrongful accusation. However, Lei Jun did not make excuses or evade the issue; instead, he responded actively to address it. This is what a responsible and accountable company leader should do.

In contrast, the founder of a company with a market value of hundreds of billions treats users' losses as a joke. When faced with problems, instead of solving them, they nonchalantly acknowledge their inadequacy? Can I understand this as an avoidance on your part? Is it that you have not taken users' issues to heart or simply do not want to address them? The core employees are the same; when faced with potential catastrophic events, or even confirmed incidents, they only privately remind a select few groups of the risks. Do retail investors deserve to suffer losses? Is this the issue of inconvenient information disclosure in corporate competition?

The current market has already changed. Everyone can clearly feel that liquidity is getting worse. In short, there are fewer and fewer new users left, and only a small number remain. However, Binance's approach pushes users away, presenting an attitude of 'I am not afraid if you don't use it.' Without the responsibility of leading enterprises, it is instead filled with the arrogance of a monopolist.

Gaining people's trust is like building a towering skyscraper, requiring one brick and one tile at a time. But losing trust is like an avalanche, disappearing in an instant. If this indifferent state continues, Binance will truly find itself in an unsafe position.