How ruthless does one need to be to succeed?

In 2014, Zhao Changpeng sold his house in Shanghai and used the 1.1 million yuan proceeds to buy Bitcoin. While Shanghai housing prices doubled, Bitcoin fell to one-third of its original price. Despite this, Zhao Changpeng gained notoriety in the cryptocurrency community.

In March 2014, at an event, Zhao met Xu Mingxing, the founder of the domestic Bitcoin exchange OKCoin, and joined OKCoin as the technical director in June, also overseeing the company's international affairs.

Zhao Changpeng left OKCoin less than a year after joining.

In July 2017, he founded Binance, which launched 11 days after raising $15 million through a public offering. The platform quickly became popular with users.

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