CZ replies to the latest Reuters piece with his insights, thoughts, and feelings on the topics raised.

Discover and learn from the principles CZ shares with Binance and its employees.

In essence, I believe the first thing to understand is that decentralization is not binary, and not single-dimension. There are multiple aspects to decentralization. Every aspect is a gradient scale, not simply black-and-white. It is also important to remember that decentralization is a means to the goal, not the goal itself. The goal is freedom, security, and ease of use.

“Will Binance support the LUNC burn of 1.2% for every trade on Binance?” I got asked this question on my Twitter space today. I spoke for a few minutes about it, but I want to take some time to answer this more in-depth, and actions we will take.

At Binance, we are not afraid of disrupting ourselves. We invest heavily into the future.

To help chart the best path forward for Web3, crypto, our company, and our users, I have established the Binance Global Advisory Board (GAB). I, and its 11 other members, are taking on a task that no one can do alone. The underlying technology of blockchain holds tremendous promise, and we're here to unlock it together.

It’s a concept many traditional businesses don't get or even need to know. But for us, in the crypto world, it's one you need to understand thoroughly.

In recent months, our thick skin has been tested by a noticeable increase in attacks on our company’s reputation.

Five years feels like a lifetime. If five years ago you told me what we’d eventually accomplish, I wouldn’t have believed you.

Whenever you face a new challenge, know that it’s just part of the simulation. And you just need to make the best out of it.

Disruptive technology does what it says on the tin: it disrupts. When people ask me how I deal with trusted, respected professionals admonishing crypto, I try to walk a mile in their shoes.

Current market conditions are tough. With our position as one of the largest industry players with healthy cash reserves, we have a duty to protect users.