Show notes
How does one manage when you are the biggest crypto exchange in the world? I’m sure it’s not too difficult for Changpeng Zhao, the CEO and founder of Binance. Quickly becoming a behemoth of the blockchain world, CZ is launching new products and services, gobbling up acquisitions and finding ways to explore philanthropy.
Our exclusive interview with CZ covers a lot of ground, including what’s next for Binance. Let’s bounce to the other side of the world and visit Chyna for this Yuge episode #411 of The Bad Crypto Podcast.
This is the best episode we’ve ever done. I can assure you that. Everyone knows it.
Full Show Notes at: http://badco.in/411
Previous interview with CZ: http://badco.in/250
TIME STAMPS
00:00 - Intro
02:45 - Travis gave a Funny Money presentation at Virtual Blockchain Week. You can check it out on YouTube here: https://www.youtube.com/watch?v=3r1pipNg8QM
03:30 - Featured Guest: CZ of Binance
04:00 - When you started this thing in 2017, did you ever in your wildest dreams think that 180 days later you would have the largest crypto exchange in the world?
04:45 - What were some of the scaling issues you encountered?
07:15 - You Tweeted about today’s ATH trading volume on Binance, reported in CoinTelegraph. $11bln in trading volume over the past 24 hours. Wow.
08:25 - Thank you for setting up the Binance Charity. Half of proceeds from Virtual Blockchain Week are going to the Binance Charity. Share the ideas behind the Binance Charity. Can you talk about the benefits of charitable donations using crypto and blockchain?
11:47 - You recently made an acquisition of the most popular site related to having data for the crypto space; CoinMarketCap. How do you manage the ethical boundaries of owning this aggregator of crypto data and being the largest crypto exchange?
15:25 - There have been some interesting developments recently. One is BUSD and some of these Binance mining pools. Can you tell us more about these two new innovations?
18:52 - Did you have to buy a lot of mining equipment, or is this equipment you already had?
20:37 - You are not a guy who minces his words. There was a kerfuffle a couple of months ago where Binance delisted Bitcoin SV and you came right out and said Craig Wright is a fraud. Being the biggest exchange and pulling that from the platform, are you also going to pull it from CoinMarketCap?
23:02 - A lot of different crypto projects and exchanges and the SEC have had a bunch of regulatory lawsuits filed. It seems to be killing innovation in America. Is there anything you can talk about regarding the stuff going on with the SEC where you had to launch a separate exchange for U.S. customers?
27:33 - Can you give a hint what is next for Binance?
29:45 - Closing remarks
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DISCLAIMER:
Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.
We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.
Show Edited By: Aaron The Tech (http://aaronthe.tech)
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