Binance Chain does not want to be seen as competition
Peter Thiel says "anyone that has a monopoly will pretend that they’re in incredible competition." Perhaps the opposite is true too. Those that want monopolies say they are not competition.
So when CZ, the CEO of Binance, says things like "Binance_DEX does not challenge Ethereum," we shouldn't take it at face value. Remember just a month ago, Polkadot tr…