Last week, my friend invited me to a dinner at my cousin CZ's house in Shanghai. It was very interesting. I met Ying Ge Ya Ya and many K O Ls at this event. In addition to the wine and food, I was more looking forward to connecting with CZ.
I think what everyone is most concerned about is what kind of signal CZ gave to the market at the family dinner this time?
The current market is facing huge challenges for Binance. As the market leader, Binance has long been a benchmark for the market. The biggest challenge now is the issue of regulation. The current market downturn is closely related to the regulatory issues faced by Binance. At this event, CZ also talked about this issue directly. CZ said that with the development of the crypto market. As the leader, Binance has also made great efforts on regulatory issues and tried its best to comply with the regulatory systems of various regions. Huge manpower, material resources and financial resources have also been invested in this aspect. It can be seen that Binance also attaches great importance to this aspect and believes that others can solve this problem well.
Some time ago, regarding the resignation of Binance executives, CZ clearly stated that in fact, what everyone sees is that some executives have left Binance, but what you don’t know is that there are many more industry talents joining Binance than those who leave. Binance is making the greatest efforts for future development and is very confident that Binance will develop better.
The next part was the live Q&A session with CZ, who gave me three opportunities to ask questions, but unfortunately I was not picked. I personally felt that the questions raised by the three people were not of much value.
The first question was about the supervision issue mentioned by a friend at the scene. In fact, at the beginning, my cousin also gave an answer. It can be seen that this issue is also the most concerned issue for people in our industry. It can also be said to be the biggest challenge for Binance Exchange as a leading exchange. I also believe that we will definitely be able to make the most favorable solution in this regard.
The second question is about how to view the development of decentralization. CZ said that decentralized exchanges will also be the future development trend of the industry. At present, decentralized flower trading platforms such as Uniswap also account for 5% of the market transaction share. Maybe more and more people will participate in decentralized transactions in the future. He is optimistic about the future decentralized trading platform. In this regard, I personally think that as the largest centralized exchange, Binance has made great contributions to the entire industry. The biggest drawback of decentralized exchanges is liquidity and trading experience. Binance has solved a big problem for the market in this regard. Binance provides huge liquidity to the market and provides users with the most convenient trading method, allowing more people to participate. So I think that in the future, excellent centralized exchanges like Binance will be an indispensable part of the crypto industry.
The third question is also the most concerned issue for all investors in the market, which is how to view the market in the future. When this friend asked this question, everyone laughed. For this question, old fans of Cz know that the answer of the cousin is that he never studies the short-term market trend and is optimistic about the future development of the crypto market! Yuange will discuss this issue with you later!
I am Yuan Ge. Thank you for the family dinner with my cousin CZ. I also hope that Binance can solve the problems it faces and develop better and better! I usually communicate with some friends offline. I just joined the square and hope to make more friends. In the future, I will leave my personal views on the crypto market in the square and share the opportunities I see. If you have any different ideas, please leave comments.
