«Im increasingly convinced, that Binance's recent UTF-8 update isn't meant for programmers»
Many people saw Binance's December API update as just a technical upgrade, talking about UTF-8, non-ASCII characters, and thinking it has nothing to do with them.
But I actually believe this has nothing to do with being 'technical'.
To be honest, if Binance just wanted to support multiple languages, they could have done it long ago, and there would be no need to repeatedly emphasize in the update log that symbols, tickers, rankings, and market-wide statistics might contain non-ASCII characters.
The real point isn't 'being able to display Chinese',
the real point is: they're preparing for 'participating in trading activities using Chinese'.
Think about it: if future trading pairs weren't just 'BTCUSDT'—engineer-speak—but instead directly featured Chinese meanings in their symbols, what would that mean?
It would mean:
Rankings might no longer be called 'rankings'
Alpha might no longer be called 'Alpha'
Tickers might not just show price changes
If you look at it from a different angle, it's easy to associate with a structure like:
Rank, identity, faction, title.
For example, a cultivation system naturally fits this structure:
Trading volume ≈ cultivation level
Ranking ≈ combat power list
Early participants ≈ inner sect disciples
Highly active addresses ≈ core sect members
Such narratives are hard to make sense in English, but they work perfectly in Chinese.
Even more interesting is that in Chinese memes, 'cultivation' has always been an implicit metaphor in the crypto community:
Enduring, waiting, understanding, enlightenment, ascension, passing through tribulations.
And the concept of 'cultivation' itself was originally discovered by the community from He Yi's famous image—this wasn't a story made up by the project team.
Now looking back:
Chinese symbols
Chinese asset names
Full-market push supporting non-ASCII characters
Memes and Alpha becoming increasingly emotional
It's hard to believe this is just coincidence.
I can't say exactly what Binance will do, but one thing is certain:
They are clearing technical barriers for 'non-standard, non-English, and highly culturally specific narratives'.
And once such narratives are truly applied in the trading system,
the first ones to be reinterpreted and re-told will be those cryptocurrencies with deep roots in Chinese culture.
Cultivation may seem dormant, but that doesn't mean it's over.
Sometimes, it's just not yet time to 'pass through the tribulation'.
