LUNA CLASSIC: Calling For a Boycott of BINANCE!

Jamen Mendes
Coinmonks

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After months of insisting that Luna Classic developers first implement the 1.2% tax/burn proposal on the blockchain, before he considers the off-chain implementation on Binance, CZ officially reneged on his word this morning with a resounding NO!

Logo Courtesy of Terra.Money

We have a loud NO from Binance this morning with regards to the Off-chain implementation of the tax/burn proposal. According to CZ, Binance stands to lose most of its Luna Classic trading customers to other exchanges, if it goes ahead with a unilateral implantation of the tax initiative.

Then after monitoring the negative reaction from the Luna Classic community, he added salt to the Lunatic’s fresh wound, tweeting:

Another option is to implement a feature to let users opt-in for a 1.2% trading fee themselves for burn. And see how many of the voting community do that first. Vote with your fees.” — CZ.

This is classic!

First you take advantage of a disastrous situation by making statements in support of a devastated community and gather their adoration; then when the community begins to organize itself, you make forward-looking statements promising to…

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Jamen Mendes
Coinmonks

Author, Musician, Metaphysician, and Artist. I write about Crypto, Spirituality, Consciousness, Art, and Reality. https://jamenmendes.medium.com/membership