Changpeng Zhao: A Strategic Reserve Is a Must for Other Countries
During an interview at the TOKEN2049 crypto fair in Dubai, Binance founder Changpeng Zhao (better known as 'CZ') expresses strong optimism about the future of Bitcoin, Ethereum, and other major cryptocurrencies.
During an interview at the TOKEN2049 crypto fair in Dubai, Binance founder Changpeng Zhao (better known as “CZ”) expressed strong optimism about the future of Bitcoin, Ethereum, and other major cryptocurrencies. He says the market is still in an early growth phase.
While Zhao describes himself as “always bullish” on crypto, he sees at the moment a notable shift on the geopolitical stage: “I’ve spoken with top officials from a dozen countries—and in the past six months there’s been a huge shift,” Zhao said.
He points to the pro-crypto stance of the Trump administration as a catalyst and predicts: “Some countries will be forced to, following the American example, establish a strategic Bitcoin reserve. We are actively advising governments on this now.”
On Europe, Zhao is short and blunt: “Not relevant.” Montenegro is the only exception, according to him.
When it comes to the recently hyped AI tokens, Zhao is ruthless: “99 percent of those tokens are useless.” Still, he believes in the potential of the combination of AI and blockchain.
When asked about his biggest missteps, CZ doesn’t mince words: “We didn’t expect stablecoins to get so big. And we didn’t expect memecoins to take off like they did.”
