RE: WEB5
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I think Jack and Elon are more alike than people realise. Elon hides behind his electric vehicles and other eclectic pursuits that get him labelled a modern day saviour of humanity.
Jack comes across as someone who has a similar mindset and lack of social decorum. The Web 5 thing is just funny. It's in the same basket as the metaverse, in my opinion. Another buzzword scam that a few will profit off of.
Could the slow withdrawal times on Binance be a security feature? Allowing them to suspend rogue transfers if need be? It would explain why there is a delay despite the improvements made in the latest Hive software.
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Most of the loss prevention security comes in when you try to withdraw, not deposit.
But yeah clearly their solution to custody involves a few things behind the scenes that don't happen instantly.