CZ: Fast Money Flowing into AI Could Actually Be Good for Crypto
Binance founder Changpeng Zhao (CZ) @cz_binance, in a Binance Life book AMA in Hong Kong on August 28, said that he is actually happy to see a lot of capital and entrepreneurs shifting to AI.
According to CZ, this situation can serve as a natural “filter” for the Crypto industry.
When the market is bullish and money flows heavily into Crypto, it is hard to tell which teams genuinely want to build for the long term and which ones are only there to “make quick money.”
However, when some capital and business players move into AI, the people who remain in the blockchain industry tend to have stronger motivation and a greater sense of mission.
«“People who are still sticking with Crypto now are more resilient.”»
For CZ, Crypto that goes through a difficult period may actually become stronger because projects and teams that are not serious are gradually filtered out.
Crypto winter is not just about prices going down — it is also about testing who truly stays the course.
#Binance #CZ #Crypto #A I #Blockchain
$BNB
Binance founder Changpeng Zhao (CZ) @cz_binance, in a Binance Life book AMA in Hong Kong on August 28, said that he is actually happy to see a lot of capital and entrepreneurs shifting to AI.
According to CZ, this situation can serve as a natural “filter” for the Crypto industry.
When the market is bullish and money flows heavily into Crypto, it is hard to tell which teams genuinely want to build for the long term and which ones are only there to “make quick money.”
However, when some capital and business players move into AI, the people who remain in the blockchain industry tend to have stronger motivation and a greater sense of mission.
«“People who are still sticking with Crypto now are more resilient.”»
For CZ, Crypto that goes through a difficult period may actually become stronger because projects and teams that are not serious are gradually filtered out.
Crypto winter is not just about prices going down — it is also about testing who truly stays the course.
#Binance #CZ #Crypto #A I #Blockchain
$BNB
