The recent Learning Camp has stirred up quite a bit of controversy on X. Here are a few thoughts based on what I’ve seen and heard.
This should be the fourth Learning Camp I’ve attended.
Honestly, every year we’ve been fixing the risks, problems, and PR storms left over from the year before.
Last night, I was chatting with a bunch of friends from Binance in the lounge, and I joked to Sisi @Sisi , “I feel like this has given you PTSD.”
A few details are actually pretty interesting:
To make sure nobody got carried away and lost their inhibitions, almost all the dinners were alcohol-free.
After the controversy over the “Best Industry Contributor” award in the past, they decided to scrap all the awards this year.
This year’s Learning Camp was practically an all-guys affair. Those who came should have noticed: the male-to-female ratio was about 20:1, and most of the few women there were media representatives.
What’s more, the timing never seems to work out each year. It always comes when Binance is in the spotlight for all the wrong reasons.
Policy changes, CZ going to prison, 10/11, 6.3 billion stolen…
Any one of these factors could be enough to seriously damage a company, or even send it into an irreversible decline!
But what happened?
Binance didn’t fall. Instead, it kept adjusting and correcting course, and became more resilient each time.
When I trade or talk about the markets, I often say this:
We have a lot of room for error in life. Don’t panic and act like the sky is falling just because of one loss or setback.
A lot of the time, so-called mistakes and setbacks aren’t signs that you should give up. They’re opportunities to identify problems, learn from experience, and start learning again.
Binance’s journey over the years has really proven that point.
When you’re wrong, admit it—never run from it. When you find a problem, fix it—and work twice as hard to put it right.
I think what truly deserves respect isn’t a company that has never made a mistake. It’s one that, despite making mistakes and facing criticism and pressure time and again, still has the courage to confront problems, the ability to correct itself, and the determination to keep moving forward.
After all, true strength isn’t never making a mistake. It’s knowing how to navigate better after every storm.
Thanks for all your hard work, everyone. I’m heading back to trading. See you at the end of the month～@Yi He @币安广场
This should be the fourth Learning Camp I’ve attended.
Honestly, every year we’ve been fixing the risks, problems, and PR storms left over from the year before.
Last night, I was chatting with a bunch of friends from Binance in the lounge, and I joked to Sisi @Sisi , “I feel like this has given you PTSD.”
A few details are actually pretty interesting:
To make sure nobody got carried away and lost their inhibitions, almost all the dinners were alcohol-free.
After the controversy over the “Best Industry Contributor” award in the past, they decided to scrap all the awards this year.
This year’s Learning Camp was practically an all-guys affair. Those who came should have noticed: the male-to-female ratio was about 20:1, and most of the few women there were media representatives.
What’s more, the timing never seems to work out each year. It always comes when Binance is in the spotlight for all the wrong reasons.
Policy changes, CZ going to prison, 10/11, 6.3 billion stolen…
Any one of these factors could be enough to seriously damage a company, or even send it into an irreversible decline!
But what happened?
Binance didn’t fall. Instead, it kept adjusting and correcting course, and became more resilient each time.
When I trade or talk about the markets, I often say this:
We have a lot of room for error in life. Don’t panic and act like the sky is falling just because of one loss or setback.
A lot of the time, so-called mistakes and setbacks aren’t signs that you should give up. They’re opportunities to identify problems, learn from experience, and start learning again.
Binance’s journey over the years has really proven that point.
When you’re wrong, admit it—never run from it. When you find a problem, fix it—and work twice as hard to put it right.
I think what truly deserves respect isn’t a company that has never made a mistake. It’s one that, despite making mistakes and facing criticism and pressure time and again, still has the courage to confront problems, the ability to correct itself, and the determination to keep moving forward.
After all, true strength isn’t never making a mistake. It’s knowing how to navigate better after every storm.
Thanks for all your hard work, everyone. I’m heading back to trading. See you at the end of the month～@Yi He @币安广场