RATE Group | CZ Talks Bitcoin Price After Halving, Coronavirus and Binance Decentralization
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CZ Talks Bitcoin Price After Halving, Coronavirus and Binance Decentralization

CZ Talks Bitcoin Price After Halving, Coronavirus and Binance Decentralization

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Changpeng Zhao, known as CZ — the man behind Binance, one of the largest cryptocurrency exchanges in the world — took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China.

Cointelegraph:The markets are currently seeing high volatility, which has challenged Bitcoin’s role as a safe haven and sparked a crisis of faith in the industry. But you tweeted: ”Still worried about #BTC going to 0? Don’t! So long as I have a penny left, it won’t happen.” What three words would you use to describe 2020?

Changpeng Zhao: It’s hard to define the year 2020 with three words. If I must pick three words, I would say: challenge, opportunity and decentralization. The year ahead will be a mix of challenges and opportunities as the industry takes one step further toward the future of decentralization.

The global outbreak of coronavirus does affect certain industries and has caused many countries to lock down. Industries like traveling, tourism and hotels…

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