I never denied that BOB is a meme, because from the beginning, when Binance introduced $BOB, it was clear that this is a meme created by the Binance Intern.
But is it possible that Binance commits fraud, a scam, or a rug pull with BOB?
Of course not, because that would jeopardize its reputation as the largest crypto exchange in the world, with billions of dollars in assets.
It wouldn't make sense for Binance to risk everything for a single project.
Crypto is a place full of manipulation. Everything can be manipulated as long as control remains centralized.
But if it is decentralized like BOB, manipulation becomes impossible.
This is because crypto operates on blockchain technology and follows the logic defined by the code written by programmers.
So do not confuse human logic with the logic of the smart contract.
And if the LP (liquidity pool) is removed by the developer, wouldn't that be a rug pull?
Yes, that is human logic. But the logic of the smart contract does not work that way.
If the smart contract has already implemented the burning of the LP, then the developers of BOB can no longer perform a rug pull.
Binance is about to change the history of meme tokens, which are widely known as structured theft schemes.
Memes are just jokes.
But in the hands of Binance, the meme BOB is not a joke. BOB is a token with utility and an ecosystem called Build On BNB.