Binance Coin allies with Chinese government

From our most trustworthy reporter

Breaking news: Binance Coin has decided to work together with the Chinese government. Or was it the other way round. Our reporter just couldn’t get to the bottom of it. Our reporter asked CZ, but he referred to RT, who then referred to XJ, who referred to RT, after which our reporter was gǎndào tóuyūn, at least that was what he claimed.

How it works

Anyway, RT told us that from now on if you stake BNB, you can choose to get 25% reduction on your transaction fees, you can get staking rewards, get early access to the Launch Platform from Binance, but you can also get Social Credits.

After you staked 10 BNB for a year, you get a ticket to spend a whole evening with yourself, without being watched! If you stake 100 BNB for a year, you may walk your dog for a week without being tailed by a government officer and if you stake 1.000 BNB for a year you may eat unhealthy food for 3 days in a row!

RT told us that this deal is quite popular and people are staking much more BNB these days. The expectation is that in a year many people will start spending an evening on their own. Pet asylums expect to get rid of all their dogs in a year and there are many cities where they are reaching out to McDonalds to get a licence.

Statements from a Chinese official

When we asked a government official for a statement they said:

“We know where your whole family lives!”

Our reporter isn’t that easily cornered, so he replied:

“I know where your whole family lives too! In China! Take that bro!”

Of course when they released the dogs he ran for his life. Our reporter may not be bullied easily, but dogs have a tendency not to listen to reason very well.

BNB expectations

What we can say about this move by Binance is that their Binance Coin has suddenly picked up quite some extra popularity in China, so we expect the price of BNB to get up any time soon.

Of course our reporter will keep you posted on this issue, once he catches his breath.