Why has the default mode of 'Asset Serialization' changed from Force Binary to Force Text in project settings?

According to my research, Force Binary has fast editor storage and load times, but there are often conflicts in the process of sharing when collaborating, and Force Text takes more time, but it is advantageous for collaboration, is this right?

If so, why does Binary have frequent crashes?

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Force Binary or Mixed are very silly serialization modes and should never be used. I don’t know when Force Text got turned into the default mode, but it’s a very long while ago.

Any binary format means that you can’t merge changes to files, ever, and you can’t see in a diff viewer how a file has changed. If there’s two different changes to the same file you’ll just have to yeet one of the changes and then redo it.