Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow meMars Finance (WeChat: hxcj24h) reported on the front line that in response to today's report on the removal of BNB repurchase terms in the Coin An white paper, Coin An founder Zhao Changpeng issued a 5-point statement on Weibo to respond:The use of the term 'repurchase' is not accurate
Disclaimer: This article does not constitute any investment advice.
Editor: Remember to follow me
Mars Finance (WeChat: hxcj24h) reported on the front line that in response to today's report on the removal of BNB repurchase terms in the Coin An white paper, Coin An founder Zhao Changpeng issued a 5-point statement on Weibo to respond:
The use of the term 'repurchase' is not accurate. The income of Coin An is originally BNB. If BNB is sold as USDT and repurchased with USDT, it seems that this operation is unnecessary. I used this term in the white paper stage because I didn't think it out clearly.
2. 'Repurchase' is not important, what matters is how much has been destroyed. Only by reducing the total amount can everyone's currency appreciate. After repurchase, it can still be quietly sold out and continue to flow to the market, but the total amount of circulation has not changed. Everyone has the right to destroy their digital currency in their wallets, and Bitcoin has been passively destroyed over the years.
3. Some regulatory authorities in some countries do not like BNB being linked to profits. We have listened to the opinions of relevant departments and removed this part of the description.
The white paper was updated two months ago. The destruction quantity two days ago is publicly transparent and visible to everyone. Compared to before, our actions have not changed and are more convincing; Actions speak louder than words.
After 7 rounds of destruction, BNB has destroyed a total of 11654359 units (approximately 250 million USD), and we will continue to work hard.
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