What Ki Young Ju said about CZ
Don't underestimate CZ. He deserves respect.
When the intrinsic value of an industry fails to match the capital it has absorbed, society tends to view it as a “sin”. In such cases, the people who are considered guilty are those who built and participated in the industry. Society points to the most influential figures as the guilty party, holding them responsible for the industry’s failure to develop properly. Although many people have made mistakes, only a few have redeemed the “sin” of the industry.
From the perspective of established society, the cryptocurrency industry is riddled with “sin”. It has absorbed a huge amount of capital, but its intrinsic value has yet to grow commensurately. Like other young and immature industries, crime is rampant - part of its growing pains. $BNB
On September 29, CZ (Changpeng Zhao), co-founder and former CEO of Binance, will be released after four months in detention. While he certainly made mistakes, his detention is also an indirect representation of the growing pains of the industry. CZ is an entrepreneur who deserves respect. Without Binance, the crypto industry would not attract the massive amounts of global liquidity it benefits from today.
It is important to clearly distinguish between his merits and his mistakes. In my opinion, #Binance 's achievements far outweigh his mistakes. He has paid the fine and his detention is about to end. The industry should start looking at him in a new light.
Those are Ju's thoughts, what about you?
To me, CZ is a very respectable person and I admire his courage.
Happy homecoming Mr. CZ
