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Listen to CZ Compare Binance to Bitcoin
Episode 173
Changpeng Zhao, aka CZ, cofounder and CEO of Binance, and I kicked off the Ethereal Virtual Summit with a fun fireside chat! He talked about Binance’s current operations, its plans for the future, and the crypto industry as a whole. He explains:
- Why he thought the questions I asked him in our first interview were misleading
- Whether Libra’s new plans are affecting Binance’s strategy for Venus
- What impact China’s DCEP will have on crypto
- Why the confluence of circumstances caused by COVID are a “perfect storm” for crypto, and how this will affect crypto in the long-term
- Whether the Binance Smart Chain will leech away Ethereum developers and users
- Why he thinks competition in the industry only grows it
- How Binance can own CoinMarketCap without affecting its objectivity
- What he says to the class-action lawsuit against Binance, him and the other cofounders of Binance accusing them of offering unregistered securities
- How he views the role of Binance in governance in delegated proof-of-state systems, such as when Binance flip-flopped on a contentious hard fork in Steem
- Where Binance is headquartered
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Crypto.com: https://crypto.com/
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Stellar: https://www.stellar.org/
Episode links:
CZ: https://twitter.com/cz_binance
Binance: https://www.binance.com/en
My first interview with CZ: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/
Details on BUSD: https://www.theblockcrypto.com/post/38607/binance-launching-its-own-usd-pegged-stablecoin-busd-with-paxos-as-custodian
Binance announcement about BUSD: https://binance.zendesk.com/hc/en-us/articles/360032604131-Binance-Announces-Open-Blockchain-Project-Venus-
BUSD marketshare: https://www.coindesk.com/binance-stablecoin-busd-tops-100m-but-lags-behind-rivals
Venus as the One Belt, One Road initiative of Libra: https://twitter.com/DoveyWan/status/1163364542233006082?s=20
Venus focusing on developing countries: https://www.coindesk.com/binance-is-pitching-its-stablecoin-as-a-government-friendly-libra-competitor
Binance’s acquisition of CoinMarketCap: https://www.coindesk.com/binances-coinmarketcap-acquisition-is-a-bet-that-crypto-really-is-for-the-masses
125x leverage: https://www.binance.com/en/blog/393707200802271232/5-Things-You-Need-to-Know-About-Binance-Futures-125x-Leverage
The Block report on BNB’s latest token burn: Published on 5 years, 7 months ago