2/ Imagine if we divided the liquidity by 180 countries. It will make it 180x easier for large traders to swing the markets, and significantly increase the volatility.

2/想象一下，如果我们将流动性除以180个国家。这将使大型交易员更容易左右市场，并显著增加波动性。

3/ There will be arbitrage traders trying to bring the prices to balance, but they are not nearly as efficient as one orderbook. And they make money in between (which is paid by the consumers).

3/会有套利交易者试图使价格达到平衡，但他们的效率远不如一份订单。他们在两者之间赚钱（由消费者支付）。

4/ Another misunderstanding people sometimes have: on an exchange, users don’t choose a counterparty. They just trade with the orderbook. You can think of the orderbook as a broker.

人们有时会产生另一种误解：在交易所，用户不会选择交易对手。他们只是用订单进行交易。您可以将订单簿视为经纪人。

From our interactions, some countries want a segregated orderbook (liquidity). This is a BAD IDEA for a number of reasons.
Large liquidity is one of the best Consumer Protection mechanisms. It protects against market manipulation, volatility, and reduces liquidations.
1/5

从我们的互动中，一些国家需要一个独立的订单（流动性）。这是一个坏主意，原因有很多。
大量流动性是最好的消费者保护机制之一。它可以防止市场操纵、波动，并减少清算。
1/5

RT: ALTCOINSBNB hits new ATH against BTC— who is working behind the scenes?
@cz_binance
The CZ “building” effect maybe
Between 28 July and press time, BNB’s volume had risen from 1.46 billion to 2.78 billion.
#BNB for life
https://ambcrypto.com/bnb-hits...

转发：ALTCOINSBNB对BTC打出了新的ATH——谁在幕后工作？
@cz\U二进制
CZ“建筑”效应可能
7月28日至新闻发布时间，BNB的交易量从14.6亿增至27.8亿。
#终身BNB
https://ambcrypto.com/bnb-hits...

@wagglenetwork https://t.co/qVfOsAlz86

@瓦格伦网络https://t.co/qVfOsAlz86

@wagglenetwork It was served like that to me at a restaurant, a high end one.

@wagglenetwork是在一家高档餐厅里这样招待我的。

@CJ__McG I said most. Not all. Don’t get into extremes. The world is not black and white. Good luck.

@CJ_uMcg我说得最多。不是全部。不要走极端。世界不是黑白的。祝你好运

@FractalFlows They are kinda in between. Don’t get too bogged down by definitions or labels. Just understand their properties, risks and usefulness.

@分形流它们介于两者之间。不要被定义或标签所束缚。只要了解它们的性质、风险和有用性。

@Tree_Binance Damn, that’s detailed. I travel a lot too.

@Tree\u Binance该死，太详细了。我也经常旅行。

@CJ__McG There are many different holders. Yes, from hyper inflation countries. That’s a minority in terms of dollar amounts, I think. Most of those countries have low GDP.

@CJ_uMCG有许多不同的持有人。是的，来自高通胀国家。我认为，就美元数量而言，这只是少数。其中大多数国家的GDP都很低。

On the sidelines… typo

在场边…打字错误

It’s a bread. 😂 https://t.co/zkGXkhXcRZ

这是一个面包。😂 https://t.co/zkGXkhXcRZ

3 of the top 10 are stable coins, meaning there is a lot of "fiat" sitting sidelines, ready to get back in.
If people wanted to get out of crypto, most won't hold stablecoins. https://twitter.com/KraZeMike8...

前10名中有3个是稳定的硬币，这意味着有很多“菲亚特”坐在场边，准备重返市场。
如果人们想摆脱加密，大多数人不会持有stablecoins。https://twitter.com/KraZeMike8...

@the_josh1 👍

@the_josh1👍

@moe_bsc @binance @BinanceArabic cool.

@moe_bsc@binance@BinanceArabic酷。

@MisterD2801 I tweet every few hours...

@先生2801我每隔几个小时发一次推特。。。

@Gracelovvvve Looks better than the real person, haha.

@GracelovVve看起来比真人好，哈哈。

@gandalfcryptto lol

@甘道夫·克莱普托lol

@kaydawgydog Usually the yellow one.

@kaydawgydog通常是黄色的。