CZ: CEX and DEX will coexist for a long time; AI × Crypto is the fastest-growing area for crypto applications.

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PANews reported on February 13th that, according to @linwanwan823's summary of CZ's remarks during the Binance Square AMA, CZ believes that this market cycle may not necessarily follow the four-year cycle pattern; the US has for the first time explicitly supported the crypto industry and is pushing forward with legislation, and other countries are likely to follow suit; stablecoins and RWA are developing rapidly, and the industry is fine in the long term, but the short-term outlook is unpredictable.

Regarding industry trends, CZ believes that CEXs and DEXs will coexist for a long time. New users will still need CEXs as an entry point, while advanced users will likely switch to DEXs. The market is large enough to accommodate thousands of CEXs and DEXs; it's not a zero-sum game. RWA tokenization is a definite major trend, with countries promoting the creation of liquidity for their assets through tokens. AI × Crypto is the fastest-growing area for crypto applications. In the next 2-5 years, small-amount, cross-border, high-frequency payments between AI agents will most likely use cryptocurrencies, but this is still in its early stages.

Regarding the Aster price, CZ stated that people shouldn't focus too much on short-term fluctuations and expressed confidence in the team. The industry is currently divided between "extreme transparency" and "privacy protection," and it's unclear which path will ultimately prevail. Responding to public opinion, CZ stated that not addressing FUD (Fear, Uncertainty, and Doubt) is the best approach. He criticized excessive competition within the Chinese community and called for unity to expand international influence. Binance Square is developing a Web3 version of YouTube, with monetization strategies including trader rebates and creator token rewards.

CZ sees Africa as a window that Crypto shouldn't miss, noting its low banking penetration and high smartphone penetration rates. He has already visited over 12 African countries. During the AMA livestream, which garnered approximately $18,000 in donations, CZ announced he will donate the entire amount to Giggle Academy.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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