Binance CEO: Builders, Not Traders, Drive Crypto Success

Binance’s CEO Changpeng Zhao recently sparked a debate within the crypto industry by asserting that most participants prioritize short-term profits, while only a small percentage truly focus on building long-term value. He emphasized this difference in his statement on X, highlighting the disparity between those seeking quick gains and those dedicated to creating lasting impact in the space. 1% of the industry is driving true profitability, according to Zhao. This sentiment resonates with the ongoing debate regarding speculation versus creation within crypto, challenging the traditional model of fast profit-taking.