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Today, September 15, 2022, the Youtube channel Only The SAVVY has published a new content with the title Binance CEO CZ: "Ethereum Merge Won't Be What People Expect". If you want to watch this video in streaming, you have come to the right place!
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Binance CEO CZ: "Ethereum Merge Won't Be What People Expect"
At the time of writing, the most anticipated crypto event, Ethereum’s transition from Proof of Work (PoW) into a Proof of Stake (PoS) consensus mechanism is just a few hours away. Many are heralding the merge as one of the most significant events in crypto history. While the overall consensus is that in the long run, the merge will benefit crypto (if all goes smoothly), many pundits are mixed about how the market will react initially. There is a bearish sentiment surrounding Ethereum, as last week, Ethereum products accounted for $62 million out of the $63 million that flowed out of cryptos. On top of the CPI report, Ethereum tumbled by more than 10% to hit a low of $1,564 but quickly recovered, as Ethereum currently sits at $1,607.68. In an interview with CNBC International TV, CZ, founder and CEO of Binance, shared his sentiment about the merge and the current crypto winter. CZ believes long term, Ethereum is making the right move and it's great for the industry, but in the short term, it won’t be what most people expect.
Watch the full unedited interview here ⬇ [Credits] 🙏
🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by the copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
-This video has no negative impact on the original works (It would actually be positive for them)
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