⌞ Crypto world, don't let your family play ⌝

Last Friday I went home to see my parents, my mom was on her phone, she said she earned 17 yuan from signing in and watching ads for a week (note, it's 17 yuan, not USD). I awkwardly smiled and said, “It's not interesting, don't get into this.”

My mom was quite proud and said, “Anyway, I'm retired, I have nothing to do.”

I thought to myself, compared to Binance Alpha, this might be a thousand times the profit gap, but I won’t tell my parents about the crypto world because I really don’t want them to get hurt, for two reasons:

1⃣ The essence of airdrops

Airdrops were once the best advertising in the world; a successful campaign could leverage a $1 airdrop to mobilize $10 in buying funds, marketing products worldwide. People, driven by curiosity about airdrops, would learn about crypto projects.

But in the crypto world, especially with so many meme scams, I really don’t want my family to get involved.

2⃣ The purpose of Binance

The essence of Binance Alpha is to use other people's airdrops to acquire customers for its exchange, directing clients to trade crypto and engage in contracts.

We insiders all know that once you get involved with contracts, it's hard to quit, and it could ruin a lifetime.

Ordinary people have no resistance to gambling; many of us in finance often can't control ourselves, let alone retired seniors. Their lives are plain and ordinary, and if they get involved with contracts, the consequences are unimaginable.

A casino can give you airdrops, you might beat it 99 times, but just one time, it can turn you upside down.

✅ Reflection and Summary

I personally believe that crypto exchanges should introduce risk protection mechanisms for minors and elderly clients, learning from traditional financial institutions. Everyone wants to make money, but protecting the money of the elderly and children might be more important; this is also the social responsibility of a growing company.

The crypto world is a newly born industry, without regulation, filled with chaos and disorder, yet offers countless opportunities to earn money.

I believe decentralized finance has a bright future, but it requires us to build and protect it.

Years later, I might proudly introduce DeFi to my parents, but right now, I really can't.

I hope the crypto world gets better and better.

End of text.