173 - CZ & the State of Binance

We welcome back Founder and CEO of Binance, CZ for his second appearance on Bankless. Last time CZ was on, Terra Luna hadn’t collapsed yet and FTX was still competing with Binance. A lot has changed.  In today’s episode, we cover it all. Here were some of the questions we discussed: 1) How can we tell what’s real vs. FUD with Binance? 2) What Happened with FTX from CZ’s perspective?  3) The difference between the current bear market vs. previous ones 4) Community questions from Justin Drake & Degen Spartan ------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-cz  ------ 🪂Airdrop Alpha is waiting for you on Bankless 🪂 https://bankless.cc/AirdropAlphaIsOnBankless  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2   🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku   🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ TIMESTAMPS:  0:00 Intro 6:54 How’s CZ 2023? 8:35 Why is Binance a FUD Magnet?  10:52 FTX & Ledger 16:57 Binance Transparency 26:40 Current Mood of Crypto 29:35 Another Cycle?  30:58 Binance’s Bear Market Strategy  36:44 Crypto’s Biggest Opportunity  39:48 Why Crypto Is Good for the World 42:06 The Exchange Wars 48:49 Best Regulation Jurisdictions  51:48 Justin Drake Question 54:00 Will Binance Buy a Bank? 56:30 BNB Chain Rollup on Ethereum? 59:13 CZ’s Thoughts on Twitter Post-Elon 1:00:36 CZ’s Bear Market Advice 1:04:46 Closing & Disclaimers  ------ RESOURCES: CZ https://twitter.com/cz_binance  CZ’s 1st Bankless Appearance https://www.youtube.com/watch?v=lldGpGsUcWw&ab_channel=Bankless   ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures