
币圈老司机🔶BNB|Nov 30, 2025 07:10
Recently, Alibaba, Meituan, and JD have been burning money like crazy in the food delivery wars.
Alibaba burned 50 billion.
Meituan burned 30 billion.
JD burned 20 billion.
Some followers in the group asked me, what's the point of burning so much money?
You guys probably still remember when Binance first launched Alpha. Back then, a lot of people were also asking, what's the point of burning money to rack up points?
The truth is, burning money changes the way you use an app. Once you get used to Binance, it's really hard to go back to the OKX wallet.
Right now, even though I still use the OKX wallet for airdrops, for transfers and anything Alpha-related, I'm already using the Binance wallet.
Burning money in internet wars really does change users' path dependency on apps.
This is probably why OKX rushed to launch a "Boost" feature after Binance rolled out Alpha.
A few days ago, I wrote an article about Ctrip, and a lot of people told me that Ctrip makes so much money because it has a monopoly.
First of all, Ctrip doesn't have a monopoly; it's just that everyone has a path dependency.
Whenever you think about buying tickets, your first reaction is just Ctrip, that's all.
It looks like the wallet war between Binance and OKX will keep going until one side captures 80% of the market share.
Right now, the OKX wallet really doesn't have anything new to offer. I hope OKX can come up with something that blows us away.
Like, can you guys actually work on your chain properly????
Can you let me, Bird Bro, make some money with OKB?????
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