Word on the Block: Changpeng Zhao
Go behind the headlines. “Word on the Block” goes one-on-one with the very newsmakers who make them. We help you understand the who, what, where, when, why, and how – with industry experts and thought leaders from around the world.
Binance CEO Changpeng Zhao — also known as “CZ” — praised bitcoin as a “better form of value” over fiat currencies, explaining that its advantages became apparent during the 2020 economic turmoil.
Zhao’s comments followed a 20% plunge in bitcoin prices from its all-time high of over US$40,000 on Jan. 8 and then tumbled 20% for four days before recovering. Bitcoin is currently trading at around US$35,000 at the time of publication.
Genre: Business, Enterprise
Rights: Inflight & Transportation – Worldwide
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