From Cooperation to Divergence: Zhao Changpeng and Elon Musk's Matters

#市场波动,加仓还是观望?

On November 23, 2024, early in the morning, Binance's boss Zhao Changpeng (CZ) silently unfollowed Elon Musk on Twitter. This small action, although inconspicuous, is quite meaningful, symbolizing that the mutual admiration between the two has come to an end.

Initially Appreciating Each Other

Zhao Changpeng has always admired Musk, often praising him for the visionary things he has done at Tesla and SpaceX. Their early interactions were quite frequent, and Zhao Changpeng leveraged Musk's influence to ignite the market. Both are leaders in their respective fields, driven by a strong forward momentum.

Parting Ways

However, later on, their paths diverged. Musk's tweets often stirred the market, becoming unpredictable—market fluctuations followed his tweets in an erratic manner. Zhao Changpeng believed that the cryptocurrency industry should be steady, transparent, and focused on long-term development, not on playing with superficial things. As Musk's tweets became increasingly unreliable, Zhao Changpeng began to doubt their previous understanding, feeling it was not as valuable as before.

A Quiet Choice

By the morning of November 23, Zhao Changpeng's decision to unfollow Musk was not a spur-of-the-moment choice; he had been contemplating it for several months. Taking a deep breath, he clicked “unfollow.” This simple action caused quite a stir in the cryptocurrency circle. He did not explain or boast, silently indicating that this relationship no longer aligned with his current thoughts.

Speculation Begins

By noon, the cryptocurrency community began to speculate. Is Zhao Changpeng trying to distance himself from Musk? Or is he dissatisfied with Musk's constant speculation tactics? Regardless of how others guessed, Zhao Changpeng remained calm. This was his own decision, unrelated to anyone else; he has always had this style—this small action was actually to focus on more important matters: the development of Binance and the future of cryptocurrency.

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