Jager @JagerCrypto, as the founder of Binance Academy, clearly has been thinking about steering the cryptocurrency industry in the right direction. He mentioned that there is too much hype and scams in the memecoin (shitcoin) space, and he himself is hesitant to get involved, which is quite realistic—after all, everyone fears losing their hard-earned money to scams.
He pointed out that #Binance and #BNB have always been close to his heart, which is understandable. Binance has indeed put a lot of effort into popularizing cryptocurrency knowledge over the years, and Binance Academy has produced many tutorials that help ordinary people understand how to use cryptocurrencies, which is commendable. The BNB chain is also quite practical, with many projects running on it, offering fast transactions and low fees, making it friendly for both regular users and developers.
As for the $Jager project @jager_BSC using his name, he didn't directly oppose it but hopes that his name won't be used for bad deeds, which is a reasonable request. The cryptocurrency space is filled with mixed characters, and there are too many cases of people using celebrity names to scam others. If it can indeed be as he said, using this name to promote compliant operations and help newcomers get started, rather than just focusing on speculation for profit, it would be beneficial for the BNB chain and the entire industry.
Ultimately, whether it's Binance, the BNB chain, or other projects, the ability to genuinely focus on technology, educate users, and avoid unethical practices is what will truly earn trust in the cryptocurrency space. The biggest fear is that if it's all just slogans and ends up relying on speculation to exploit others, the industry will never become legitimate.
1/ I am sincerely appreciative of how you and the community are appreciating my efforts in growing the crypto industry.
Unfortunately, I am less active in the industry these days as it felt like there was a rapid increase in pump and dumps, scams with the growth of memecoins.
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