He said that the days of 1011 were the darkest moments of her life, I can't sleep well every day. I believe she is telling the truth. But the cruel reality is: The actual liquidation scale of the entire industry 1011 is at least 40-50 billion US dollars, The liquidated margin ranges from 10-20 billion yuan. On this basis, Binance only lost a small amount, and He Yi added, 'This money could have been used for advertising.'. To be honest, this sentence completely exposes the priority order in her heart: Suppressing public opinion is more important than facing the truth. Some people say that Binance's approach is the safest for the company. This is true, but everyone is thinking about Binance, so who is thinking about individual investors? Just like the big fire in Hong Kong, Standing at the top of the government, they cannot admit that it is a man-made disaster. Because as long as it is acknowledged, it means that someone will be held responsible, their official position will be compromised, and the face of the system will be damaged. But it cannot be admitted that it never means' no responsibility '. It does not mean that the outside world should remain silent and cannot be held accountable. From the perspective of Binance, They certainly won't publicly admit that it was a systemic man-made disaster, Because once admitted, the subsequent impacts are technology, regulation, compensation, internal control, reputation... none of them are trivial matters. However, most retail investors are already humble and speak lightly: No platform, no resources, no voice. And KOLs who were originally losing money and on the same front, Some people are being groped, some choose to remain silent, Individual investors are even less likely to organize effective rights protection forces. Dead people cannot speak. Those who can truly stand up and seek justice, Often it's those who can afford to lose money, Complaining a few words, reality ultimately forces them to keep moving forward. The compensation for privately compensating market makers is compensation; Publicly providing relief funds to retail investors. In the face of such differences, if Binance still considers itself worthy, That's the truly chilling thing. After the Dubai event, The overwhelming praise from KOLs on Twitter, Compared to the collective silence and land cleansing after the 1011 incident, It's extremely ironic. If an industry experiences a major accident, Only PR, no review; Only celebration without reflection; Only applause, no accountability, So, this' big fire 'will never go out. It will only change the time and place, Continue to burn down the next group of people who are full of faith but unarmed. And we survivors are just ashes that haven't arrived yet.