John McAfee Says Binance (BNB) CEO Changpeng Zhao May Be in Center of Storm, Governments to Blame

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Mon, 06/29/2020 - 12:16
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Vladislav Sopov
Legend of the cryptocurrency world and prominent libertarian John McAfee has posed a couple philosophical questions about man and government
John McAfee Says Binance (BNB) CEO Changpeng Zhao May Be in Center of Storm, Governments to Blame
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Crypto baron John McAfee has noticed the sorrowful and dangerous trend in the evolution of the modern state. He insists that they fail to sere their citizens. Also, he has identified one person in crypto who may be targeted by the next anti-blockchain attacks of governments.

From servants to masters

Mr. McAfee emphasized the totalitarian and suppressive essence of the modern government and public administration institutions. He claims that an adult person doesn't need such a level of control over their lives.

John McAfee bashed governments for turning from servants into masters
Image via Twitter

For Mr. McAfee, this sad situation is the result of regression. At some point, governments became masters of nations, not servants.

One of the most influential people in the cryptocurrency realm, the CEO and founder of Binance, the world-leading multi-currency exchange platform, Changpeng Zhao, outlined that, unfortunately, this state of affairs is constant. He accused politics of an eternal hypocrisy.

It hasn't changed. The distinction there is what they say vs what they do

Thus, the main contradiction for him is not between freedom and dictatorship, but between ideology and political practices. 

Who is at the center of the storm?

Mr. McAfee agreed with this sad conclusion by CZ. He called the response from the Binance CEO the truest words ever spoken.

Also, crypto Baron McAfee believes the future role of Changpeng Zhao in these conflicts between states and people will be unique. Once governments realize how powerful of a threat cryptocurrency instruments pose to states, a huge storm will arise.

CZ will be in a center of storm once governments start to suppress the crypto
Image via Twitter

Changpeng Zhao will be in the center of this terrible storm. It looks like his unmatched influence in the blockchain world won't go unnoticed by governments.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250

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Fri, 01/15/2021 - 18:02
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Vladislav Sopov
Ethereum 2.0 enthusiasts deposited whopping sum in its contract launched six weeks ago
2,500,000 Ethers Locked in Ethereum 2.0 Deposit Contract as ETH Rejected From $1,250
Cover image via stock.adobe.com
Contents

While crypto markets are trying to get out of the most painful correction in this bullish cycle, the Ethereum 2.0 deposit contract accomplishes another crucial milestone.

ETH2 deposit contract surpasses $3,000,000,000 level

According to leading Ethereum network observer Etherscan, the Ethereum 2.0 deposit contract (0x00000000219ab540356cBB839Cbe05303d7705Fa) allocated more than 2.5 million Ethers. New 32-ETH stakes are transferred to it every minute.

ETH2 deposit contract breaks above $3B
Image by Etherscan

As the correction of the Ethereum (ETH) price ended, ETH is changing hands at $1,225: the $1,250 level was too difficult for bulls to conquer. Meanwhile, even at press time, it is worth almost $40,000 to join the club of Ethereum 2.0 stakers.

Therefore, the USD-denominated value of assets locked in the contract surpassed $3 billion for the first time ever and keeps surging.

It should be noted that Ethereum 2.0’s deposit contract went live on Dec. 1, 2020, heralding the start of ETH2 Pase Zero or Beacon Chain, the inaugural stage of Ethereum 2.0.

Ethereum 2.0 “entry tickets” become really expensive

At press time, more than 52,267 addresses transferred money to the deposit contract.

Ironically, Black Thursday in Crypto (March 13, 2020) was the most convenient time to join Ethereum 2.0 staking with Ether at $95. Today, Ethereum (ETH) enthusiasts should pay 13 times more to have a minimum amount of Ethers required for staking.

Ethereum 2.0 is a proof of stake (PoS) iteration of the Ethereum (ETH) protocol. It replaces mining by staking and splits the whole Ethereum (ETH) network into several interconnected sub-chains (shards).

According to Staking Rewards analytical dashboard, annualized rewards for ETH staking are estimated between 10.4 and 10.6 percent.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)