Changpeng Zhao: "I am a strong supporter of Bitcoin"
Date: 2023-07-06 Author: Karina Ziganova Categories: BLOCKCHAIN
Zhao explained that in addition to its own projects, Binance aims to support other blockchains and cryptocurrencies. Binance prefers its projects, including BNB Beacon Chain and BNB Smart Chain, to remain independent and decentralized. Zhao is convinced that all blockchains should work on an equal footing
"People think that everything related to Binance is too centralized, but they are wrong. It is possible to fully support our ecosystem or allow it to work independently. But it's better to be in the middle," Zhao replied.
Zhao added that blockchain and cryptocurrencies are used all over the world not only to raise funds. Crypto assets, especially bitcoin, are regarded as a "safe haven" for many people, the number of which can be in the hundreds of millions.
According to the CEO of Binance, the exchange promotes ether, and Zhao himself is actively in favor of bitcoin, but at the same time supports BNB. Recently, Zhao tweeted that even if the bitcoin rate fluctuates, its usefulness is steadily increasing.
Earlier, the head of Binance said that no actions of regulators will be able to destroy the blockchain and cryptocurrencies, so it would be much more effective to work out reasonable rules for supervising the industry.
