- Seeing the panic that has gripped the crypto market, Changpeng Zhao called on everyone to calm down.
- He recalled the value of decentralized money and reminded that it will always be appreciated.
Against the backdrop of price fluctuations and an unfavorable macroeconomic environment, the founder Binance: Changpeng Zhao, known in the crypto community as “CZ”, has publicly She urged to calm. He wrote on social media that there is no reason to panic, but Bitcoin due to its objective advantages, it will retain its position.
In fact, this isn’t the first such statement from Zhao, who has repeatedly advised against focusing on market corrections and looking to the future without fear.
Zhao outlined his many years of experience in Web3 in autobiographies entitled “Freedom of Money.” His memoirs narrate about the extraordinary journey from a budding tech entrepreneur to a prominent architect of modern financial infrastructure.
The book reveals the crypto exchange’s meteoric rise from behind the scenes. Binance:, which, under his leadership, gained hundreds of millions of users worldwide. Zhao also recounts the intense scrutiny of regulators, a massive corporate settlement with US authorities, and the subsequent four-month prison sentence during which much of the memoir was written.
Through public statements and his book, Zhao explores philosophical reflections on success and mental well-being. As one of the richest people in the world, CZ has paradoxically criticized the pursuit of prosperity.
According to Changpeng Zhao, the endless pursuit of wealth and scrolling through social media posts are often the main sources of deep anxiety. He believes that the pressure associated with maintaining a public image and managing multibillion-dollar enterprises can detach people from meaningful human experience.
Now, CZ advocates for a simpler, everyday life. He emphasizes that true peace of mind is found not in corporate dominance or financial performance, but in developing genuine friendships and participating in charitable projects.
For long-term digital asset investors, CZ offered valuable advice to ignore the temporary panic, understand the underlying technology, and recognize the value of a decentralized monetary system. Experienced traders are likely aware of the risks and should exercise greater caution in the current situation.
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