Will hold another Binance Square livestream AMA in English tomorrow at 8pm-ish GMT+4 (Dubai time).
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.) - one question per person, keep it succinct - welcome suggestions and feedback - might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
CZ Binance Square AMA Recap: Bitcoin $200K, Altcoin Season, Meme Coins, and Advice for Beginners
In a recent AMA livestream on Binance Square, Binance co-founder and former CEO Changpeng Zhao (CZ) shared wide-ranging views on Bitcoin’s long-term outlook, altcoin season, meme coins, trading risks, and the evolving role of social platforms in crypto.Below is a full recap of the key takeaways.1. CZ Warns Against Launching Meme Coins Based on His X or Binance Square PostsCZ cautioned users against using social media posts from him or Yi He as justification to launch meme coins.He said such projects have an extremely low success rate, with unclear origins and high failure risk, and advised users not to assume endorsement based on casual mentions or posts.2. Beginners Should Start Small and Avoid FuturesCZ emphasized that crypto beginners should start with small capital, focusing on learning before scaling up.He strongly advised newcomers not to begin with futures or options, recommending gradual exposure instead of leverage-driven trading.3. Altcoin Season Is “Definitely Coming”According to CZ, altcoin season will arrive eventually, though the exact timing, duration, and which tokens will benefit remain unpredictable.He stressed that altcoin cycles are complex and cannot be precisely forecast.4. BNB Ecosystem Is Stable and Has Long-Term PotentialCZ described the BNB ecosystem as large, stable, and supported by many active builders.He expressed confidence in BNB’s long-term potential, highlighting continued development across the ecosystem.5. Prediction Markets Are Still Early and IlliquidOn prediction markets, CZ noted that the sector remains very early-stage, with few market makers.He said platforms like Polymarket reportedly rely on just one or two market makers, with most activity still centered on sports-related markets.6. Bitcoin Will Reach $200,000 — Timing Is the Only UnknownCZ reiterated a bold long-term view:Bitcoin will “definitely” reach $200,000, with uncertainty only around when, not if.He framed this as a conviction rather than a short-term prediction.7. Genuine Meme Coins Must Have Historical or Cultural MeaningCZ said truly valuable meme coins should have historical significance or strong narrative relevance.He estimated that over 90% of meme coins fail, warning early investors about high risk and stressing personal responsibility for investment decisions.8. Binance Square vs. X: Different FoundationsCZ explained that Binance Square and X operate on fundamentally different models.He expressed skepticism that X could easily enable crypto trading due to KYC challenges, noting that most Binance Square users have already completed identity verification.9. CZ Hopes Meme Coins Continue Growing — From a Builder’s PerspectiveWhile stating he no longer relies on meme coins to “get rich overnight,” CZ said he hopes meme coins continue gaining popularity.From a builder’s standpoint, he said his focus is on creating better, smoother tools for users rather than speculation.
Been fighting a cold, 38.9C a couple of hours ago. First time getting sick after prison. This issue kept its airspace in my head for the last few days, even through the fever. Our industry should be able to completely eradicate this type of poison attacks, and protect our users.
All wallets should simply check if a receiving address is a “poison address”, and block the user. This is a blockchain query. Further, security alliances in the industry should maintain a real-time blacklist of these addresses, so that wallets can check before sending a transaction. Binance Wallet already does this. A user would get a warning like below if they try to send to a poison address.
Lastly, wallets should not even display these spam transactions anywhere. If the value of the tx is small, just filter it out. Protect users.
Gold authenticity is becoming harder to guarantee — even for professionals. As verification methods improve, so do scams. Today, gold can look perfect on the surface, pass basic tests, yet still be diluted inside with materials like tungsten. Detecting this often requires cutting, melting, or advanced lab analysis — after damage is already done.
Bitcoin is fundamentally different.
Anyone, anywhere, can verify Bitcoin’s authenticity with 100% certainty, instantly, without trust, permission, or intermediaries. No surface tests, no labs, no “cutting it open.” The network itself enforces truth.
Gold relies on trust, expertise, and physical inspection. Bitcoin relies on math, code, and global consensus.
As counterfeit methods evolve, the cost of trust keeps rising. Bitcoin removes that cost entirely.
This is why Bitcoin matters — not as a replacement for gold, but as a new standard for verifiable, trustless value.
Be efficient. Don’t be polite. Get to the point. I hate formalities. I don’t chit chat.
You won’t get a response if you say any variation of the following: “Hi”, then nothing“How are you?”“Good day to you sir!”“Merry Xmas, Happy New Year, Happy Birthday, etc”“Can we have a meeting?” (no agenda given)“Let’s discuss an important partnership” (no specifics)“Want to introduce you to XYZ (someone important)” (no specifics)
You may be referred to this article. I am efficient with my time, even if you may consider it impolite (apologies). So, please be direct and tell me:
I am ___ I need ___ (or) I can provide ___
If your first message is too long (more than one mobile screen with large fonts for an elderly like me), it will likely be skipped. A few tips: For pitches, go to www.yzilabs.com For listings, apply online at www.binance.com For buying/selling large amounts of crypto, please contact Binance OTC desk.Don’t ask open ended questions, I usually won’t know the answer.Don’t ask me to interact with some meme coin. For most things, going through me is slower. I don’t do much. I am mostly just a router, a slow one. Hope you are not offended. Let’s communicate efficiently. Cheers, CZ
It's Sunday. In between meetings with @BnbChain MVB developers, I have an idea to share:
My X Agent, an AI bot to mimic oneself for X.
Phase 1 - Tweet like You.
By examining your previous tweets, analyzing your tweeting style, current events, and trending topics, the bot suggests tweets tailored to you.
Utilizing the X API and advanced AI technologies like DeepSeek or GPT-4o, the bot captures the tone and vibe of your tweets. It also reviews your tweet history to identify which tweets are most popular, refining suggestions to align with your unique voice the more you use it.
I've come across several projects attempting this concept, but none have truly impressed me. At YZiLabs, we are eager to fund a project capable of generating high-quality tweets.
Phase 2 - Summarize and Reply
It summarizes tweets, offers supportive, against, or neutral replies, flags risky content, and analyzes trending moods for timely responses. It also identifies trending tweets for retweeting or quoting with engaging comments to enhance visibility.
Future Improvements. Assist in replying to unsolicited messages on platforms like X, Telegram, WhatsApp, Signal, Reachme.io, and more.
Monetization Strategy
- Free Plan: 5 complimentary tweet suggestions, to evaluate the bot’s capabilities.
- Pro Plan: Additional suggestions for 0.015 BNB ($0.10) per suggested tweet. Buy in bulk to start training on old tweets.
The Unpopular Opinion Many believe every AI agent needs its own token, but I disagree. Crypto is the currency for AI, but not every agent requires its own token. AI agents can simply charge fees in existing cryptocurrencies, BNB for example. Tokens should only be introduced after achieving scale and proving utility. Tokens Are a Distraction Tokens often distract founders from building real products. Managing a token demands significant time and diverts focus from user experience. Web3 games made this mistake by prioritizing tokenomics over gameplay—and AI agents risk falling into the same trap. Scale First, Then Consider Tokens Before launching a token, an AI agent should achieve scale by demonstrating clear value. True utility means users genuinely need and use the service. Consider an AI agent that launches meme tokens—it doesn't need its own token when users can pay in the native chain token. Adding another token just creates unnecessary complexity. The Reality of Tokenization While tokens enable fundraising, most AI agents don't need large capital for development. Too often, tokens become a vehicle for founders to cash out early—benefiting them at users' expense. Conclusion Build first, tokenize later—if at all. AI agents should focus on adoption, usability, and real value before considering tokenomics. A token isn't a path to success—the best AI agents will succeed because they provide genuine value, not because they have a token attached.
Time-based tokens, i.e., KOLs tokenizing their time, have recently resurfaced. Although various attempts have been made in the past, none have taken hold yet. Instead of time, I have always wanted to optimize reach. LinkedIn, X, provides this ability, but the barrier is too low, resulting in a lot of spam, making them unusable. Here is an idea for a platform that allows serious people to reach others. A famous person (KOL) connects his X (or LinkedIn) to the platform, verifying who they are. He then sets a price for people to message him, say 1 or 0.1 BNB. Anyone can message him/her by paying that amount first. If the KOL does not respond within 5 days, 50% of the paid amount is returned to the requester. There is still a cost to the requestor, which deters spamming and encourages them to write the message effectively. The KOLs are incentivized to respond. They get paid 50% more. Defaults based on my personal preference: Max message length should be limited to 2000 characters, roughly a two-pager.No images. No attachments. (No virus downloads) The requester can include his contact info in the message. If the KOL contacts them directly, he (and the platform) gets paid 50% less. If the KOL wishes, he can reply with his contact info, and then the conversation can continue on a free messaging app. The platform charges a 10% fee for all transactions. Payment-wise, the requestor pays crypto to the platform, which then splits 90% to the KOL’s provided address. No new token is needed. No time-based tokens. Hopefully, there is enough demand for such a platform to make it a sustainable business. This might be a good way for KOLs or professional consultants to get paid for their responses. I would use a platform like this. I will donate the crypto I receive to a charity. This helps filter out only serious people to reach me. I may move the conversation off the platform when the other party has something serious to offer, return the payment, or even give a bounty (for security tips, etc). I will then be able to open up my DM to everyone and adjust the price over time based on how unpopular I am. This model doesn't solve all problems. Not to be arrogant, I'd imagine many scammers will be willing to pay 1 BNB to reach me. YZiLabs may invest in a project that develops a good MVP using BNB/BSC as the primary payment option. It should take a few days/week of coding and a security review. I will be a first user, provided the platform is secure enough. X, Linkedin, or Square could build this as a feature, but big companies move slow. Might be faster with a new site. Just an idea for the weekend.