GuShiio.com How to conquer the world? CZ gave its own answer and revitalized the BNB ecosystem. Whether it is investment or public chain, it must be empowered around BNB. CZ announced that 98% of its positions are BNB. It seems that 1 million stud BTC may be real, but only 1 million.
Half devil, half child
Formalistic thinking in the 19th century has always been based on atomic individualism;
The globalist thinking of the 20th century has always been based on collective liberalism;
Isolationist thinking in the 21st century has always been based on fragmented Westernism.
In 2021, Zhao Changpeng accepted an exclusive interview with “Late Post”. In the complex intersection of Binance’s de facto number one in the world and the unknown in the eyes of Chinese people, the Late team gave the most objective view of the currency circle and Binance by traditional commercial and financial media so far. Expression, the public got to know Binance and Zhao Changpeng, and then I left Byte and started to roam Web3, which continues to this day.
When talking about Zhao Changpeng personally, the biggest difference is the contrast with Sun Yuchen. If Sun Ge is increasingly anthropomorphic against the green leaves of Bao Erye, Li Xiaolai and Xue Manzi, then Zhao Changpeng’s comparison objects should be Armstrong of Coinbase and SBF of FTX. However, Sun Ge and Zhao Changpeng are not fellow travelers of Nakamoto and Vitalik. That is, it is difficult to say that Zhao Changpeng believes in the ideology behind the blockchain-decentralization is only a technical manifestation, but in fact it is neoliberalism and anarchism.
Just like the title “Conversation with Binance Zhao Changpeng: In the Middle Ground of Cryptocurrencies” later in 21 years, Zhao Changpeng himself is like this between decentralization and centralization, between CEX and DEX, and between the East and the West. I ask you about your life’s achievements, Bloomberg OK Binance, your destination may be the Middle East, or what may it be.
Let us indulge in the possible night together.
life arbitrageism
Individualism is not the mainstream today, and nationalism and de-globalization will gradually recover after 2018.
However, individualism was precisely the spiritual flag of old Europe’s immigration to the New World. The only choice for the poor at the bottom to restart their lives. The wave of immigration from China that began after the 1980s was its spiritual continuation. Unlike the Xianyang, which was seeking survival, the trafficked Chinese workers in the late Qing Dynasty, starting from the Li Zhengdao Scholarship in 1979, went to the United States and Europe in the name of studying physics. This was the tone of the era for the intellectual class at that time, just like today’s Meiben Meishuoteng School CS.
Zhao Changpeng’s father belongs to a grain of sand in the context of the great era. After the classic syllogism of the rightist-decentralization–returning to the city, he entered UBC’s doctoral program in geophysics. In 1989, 12-year-old Zhao Changpeng began to live in Vancouver, belonging to the earliest batch of small Liuzi.
At this time, the richest Chinese man, who will be worth nearly 100 billion US dollars in the future, is experiencing the hardships of the world in a fast food restaurant.
Photo caption: Changes in CZ Wealth Photo source: Bloomberg Billionaires Index
The not-so-beautiful 20th century came to an end quickly. World War I and World War II shaped the U.S. -centered Western pattern, and the victory of the Cold War shaped the U.S. -centered world pattern. However, all of this is based on the fact that the West has collective freedom, and the non-West and the third world have no freedom.
Zhao Changpeng finally chose to comply with the rules of the United States, perhaps driven by his childhood memories. As long as he paid the price of becoming a part of the West, he would naturally have freedom.
In this way, after six years in Vancouver, which was not materially rich but mentally rich, he entered McGill University in 1995. He first studied biology and then transferred to computer science. When he was around 18 years old, his mental state was extremely active, which may be the source of Zhao Changpeng’s great interest in the biotechnology-led DeSci paradigm.
In 1997, 20-year-old Zhao Changpeng came to the Tokyo Stock Exchange and started a mediocre summer development internship, but the same choice for billionaires emerged-imitate Bill Gates, drop out of school, and All in Code.
If college is beneficial, go to it, and if development is interesting, do it. I have to say that Zhao Changpeng did a really good job. Four years later, he joined Bloomberg to develop trading software in 2001. In 2005, the then 28-year-old Zhao Changpeng resigned from his job at Bloomberg. Under the influence of the gradual return of Chinese entrepreneurship, he naturally chose to move to Shanghai.
Years of experience in trading systems were turned into an entrepreneurial direction and Fusion Systems was founded. In short, this is a SaaS system that provides high-frequency trading. Please remember that this is actually the origin of Binance, which provides the best quality trading services.
Then there was no, and everything calmed down. Obviously, Zhao Changpeng was not the son of the version of this era. This was the era of Robin Li, Ma Huateng and Ma Yun. The high-profile moment of Copy to China. The era when Alipay was still weak. The Chinese people had not yet been born with the accumulation of real estate and the Internet. A large number of middle classes were born.
Due to the lack of speculators, ordinary individuals obviously cannot have a connection with high-frequency trading, while SaaS systems, 2B and 2G are the mainstream. I think it was during this period that Zhao Changpeng left behind memories of Shanghai and China that needed alcohol to survive, but everything was pointed out so far, he did not directly point out his complaints about China. Just like now with TST, he did not call for orders, but only touched the concept.
It went on like this until the building collapsed. After he turned 35, Zhao Changpeng, who had become the boss and owned a house in Shanghai, began to gradually evolve into CZ, and met He Yi, the other half of Binance, who made up Binance, from arbitrage to long-term Buidl Binance. The turning point.
To mention, Zhao Changpeng experienced the first and only “marriage” in his life during this period, and Xu Mingxing once had doubts about his personal resume. True and false are also the norm in life, so let’s just pretend that everything is true.
the isomers
How to evaluate Zhao Changpeng’s life before 35? It is certain that he can work without Sun Che. Unlike Sun Yuchen’s leapfrog growth of beating gongs and drums, Zhao Changpeng is more like a solid foundation for the accumulation of excellence that naturally takes its course. From his personal overemphasis on opportunities rather than academic qualifications and wealth, and from the resilience honed under the rolling tide of the times, he is now short of one industry, one partner and one opportunity.
With my resume in Canada and Tokyo, as a sea turtle buying a house and buying a house, and breaking away from the entrepreneurial life of ordinary cattle and horses, under the superposition of double buffs in China and the Internet, following the release of real estate in 2008, it belongs to the era of fiscal turmoil in P2P and blockchain. 2013- 2018 is coming to us.
Occidentalism has existed for a long time from the beginning of this century to the reconciliation between China and the United States in the Little Red Book. All Western-related material and spiritual aura has a halo. Reviewing the “self-Orientalization” in encrypted narratives, no matter whether it is good or bad, the world will always be more tolerant to them, but this is not always the case. With the currency running overnight in 2017 and the FTX collapse in 2022, both the East and the West are eliminating all elements of the old era.
In 2013, at a late-night poker game, Li Qiyuan introduced Bitcoin to Zhao Changpeng. It is difficult to understand why he would sell a house for US$1 million in stud Bitcoin from then on. A more reliable guess is that he saw it. Trading entrepreneurial opportunities, and the image of selling a house to stud, like King Chen Sheng in the fish belly, the stone man in the Yellow River, and the red light where Zhu Yuanzhang was born, belongs to the mythological history after success. Just take a look.
Photo caption: Zhao Changpeng's life block Photo source: @zuoyeweb3
Then Zhao Changpeng left Fusion Systems and entered Blockchain info Company. Just as Ripple meant to Sun Che, Zhao Changpeng joined the game as a technician.
The past was just a life experience, not a burden that was difficult to unload. Taking away from starting a business and learning new and unfamiliar fields, Zhao Changpeng once again changed his life trajectory and, as always, drifted among various companies.
The real key was that Zhao Changpeng met He Yi, and CZ was born.
In 2014, Binan and Co-founders officially met. Under He Yi’s enthusiastic invitation, Zhao Changpeng left and joined the then OKex, now OKX, and became the technical leader. At that time, Reddit became the main battlefield for his speech, enthusiastically promoting OKX and everything about cryptocurrency. Of course, it is unknown whether indulging in social media will affect development.
In 2015, CZ left OKX to start a business. Regarding CZ and Xu Mingxing, Binance and OKX, there were too many personal emotions mixed, which was not as interesting as business competition and no longer snooping.
Bijet was then established. Strictly speaking, Bijet contributed to the first bubble in the encryption industry in China, because it was another SaaS company that sold the exchange’s “white-label” system. The subsequent wars of thousands of companies were essentially for this kind of SaaS white-label companies. They contributed profits in vain.
This should be Zhao Changpeng’s real wealth growth point, not the previous Stuha BTC and entrepreneurship.
“The most dynamic and successful enterprises are those that stand on the edge of chaos and are not bound by order.”
Unlike the encryption industry, which is well-known to have coin security originated in 2017, the encryption exchange business and postal currency card business are the two pillars of Bizet after its establishment. The latter is even thicker. Postal currency cards (stamps, coins, telephone cards) The trading platform, using objects familiar to encryption users, is close to a mixture of physical NFT, tulips and tokens, and will not last long.
As a result, in January 2017, one of Bigger’s legs was broken, and almost all of the postal currency and card exchanges disappeared in August. However, at the same time, cryptocurrency took advantage of the opportunity to grow. At this time, CZ had two options. The first is to make a 2C business but has hardly ever engaged in an exchange; the second is to continue to make a 2B business but is far less imaginative than the exchange’s SaaS platform.
He needed someone, someone who could win the battle of thousands of places.
After He Yi left OKX, he joined a live broadcast and signed the popular Song Zhongji. He had to admit that whether it was positive or negative, He Yi was one of the best CMOs in China of this era and was not limited to the encryption industry.
Binan was established in June 2017, and the fortunes of the world turned. In July, He Yi joined CZ’s company this time, which became increasingly urgent. After 9/4, Binan moved from Alibaba Cloud to AWS, and CZ moved back to Tokyo from China.
In the United States, Armstrong’s Coinbase has gradually grown into a towering tree, but it is clear that the purchasing power of China has shown for the first time that Binance’s offshore mechanism is more flexible, and the Chinese and foreign dual routes have created 165 days to become the world’s number one. wonder.
In 2018, CZ entered the Forbes Crypto Rich List with a value of up to US$2 billion, which is about 2% of the 2021 Bloomberg Billionaires Index of US$96 billion.
From 2017 to 2021, two bull markets have enabled Binance and CZ to achieve unparalleled encryption careers. They are no longer a hasty legal battle with investment institutions and the embarrassment of the rumored inability to sell platform coins.
Throughout the history of disruptive technologies, the leader in one field has never been able to continue to dominate on the platform of the next era.
That’s what SBF thinks. FTX in 2022 is at its peak, and the American background also makes FTX different. Temasek and Middle Eastern sovereign wealth funds, as well as Silicon Valley and Wall Street, are extremely optimistic about the parents of Stanford law professors who uphold effective altruism and the old American Star Spangled SBF, and the corresponding ones are the global wandering Binan, the CZ on the wall and Ho Yi who has poor English. No matter how you look at it, it is a must-win situation for FTX.
The two strong powers competed, but the result was to kill 1,000 enemies and lose 800. FTX went bankrupt in 2022 due to misappropriation of user assets and insolvency. SBF finished playing games and went to prison. CZ was sued by the United States in March 2023. After a long legal battle, he resigned as CEO, was imprisoned, no longer managed Binance, and fined more than 4 billion yuan.
He was sentenced in April 2024 and released from prison at the end of September. The charge was the anti-money laundering clause that everyone is familiar with.
In short, after paying the fine and serving in prison, the second spring of landing successfully, the fine bombing will be carried out! How high is the price for Binan to go ashore?
Zhao Changpeng, 47, is already the father of three children, and He Yi has also become the mother of three children. After half a lifetime of swaying, he finally found his place-a billion resident in the United Arab Emirates.
Zhao Changpeng returns, BNB revives?
In 2024, CZ appeared in Dubai and started again at the 2024 Binance Blockchain Week, announcing that it will focus on the Giggle education platform to serve K12 people in poor areas around the world. Secondly, it will invest well, mainly blockchain, biotechnology and AI.
It is the same for Rome to conquer the world with military power, Greece to conquer the world with ideological power, or the three religions to conquer the world with emotional power.
The key is how to conquer the world. CZ gave its own answer and revitalized the BNB ecosystem. Whether it is investment or public chain, it must be empowered around BNB. CZ announced that 98% of its positions are BNB. It seems that 1 million stud BTC may be real, but it only has 1 million yuan.
Now it seems that it is mainly the YZi two-wheel drive after BNB Chain and Binance Labs renamed, using Meme and AI Agents to empower BNB Chain, investing in Vana as a consultant, etc. to educate global P players, and working with Vitalik to study the longevity-oriented DeSci.
I have always believed that the encryption industry is a content creative industry. It is difficult to see Ma Huateng chatting with QQ users and intern sending private messages to Ma Huateng can become hot searches after the company grows bigger. The bureaucratic system is the standard in modern society, regardless of whether it is funded or not., regardless of what.
However, in the encryption industry, endless ideas have been transformed into DAG/BFT/ZK/FHE/AI Agents, monetized in the form of tokens, NFT, and Meme, and they have died quickly, waiting for more “active” people to appear, each leading the way for three to five years.
It must be admitted that before CZ and Armstrong, Crypto transactions have been subject to traditional technological hedonism and were just a toy for a few geeks to entertain themselves. It was after CZ’s Binance that cryptocurrency expanded to its current scale. He may not be a creator, but it must be an accelerator.
However, the more successful a person is, the more difficult it is to find the meaning of his existence. The reason may be that success isolates people from the real society.
The CZ we saw couldn’t use a wallet and couldn’t play Meme, which were all sequelae of success and seemed to be a bit of an old money style. He is not in the same class as ordinary encryption users. His preference for money life, in general, is to preserve the temperament of a barbarian. It is just savvy, or management ability, to replace the harm to the body that the barbarians loved earlier.
Photo caption: CZ s Timeline Photo source: @zuoyeweb3
CZ’s cleverness lies in “using the West to oppose encryption and using encryption to fight the West.” Using decentralization as bait, it finally completed its wealth accumulation with CEX, leaving OKX with a US$500 million fine in chaos.
According to Bloomberg, CZ personally holds 90% of Binan shares. At a time when rumors are rumored to sell part of the shares, it will actually turn the shares into real cash flow, which may be more beneficial to BNB’s family, but these are all Outsiders ‘feelings.
Don’t care about those BNB and P who are going to be friends with the cycle, not friends with the old money. In the face of the new cycle, the turbulent market will quickly erase the experience advantage of old money, which is also the charm of Web3.
