[jqpabc123]

the USDC peg to the dollar has nothing to do with this.

I never said it did.

The problem is that Binance converts every stablecoin you deposit there to BUSD

The real problem is that Binance can do whatever *they* want with your deposits --- including refuse to return them.

The real problem is that the crypto market is about as far removed from *trustless* or *decentralized* as is imaginable or possible.

The real problem is that people who say they don't trust government will readily trust FTX or BlockFi or Voyager or Celsius or Binance or Bitfinex --- all of which have been shown to be far less worthy of it in my opinion.