Life of CZ- Summary

20 Jul 2022
This story isn't about Crypto or Money, it is about conviction.

A lot of us would have known who CZ is, He is the founder and CEO of the Binance Exchange.

CZ was born in China and grew up in Vancouver, Canada and now lives in Dubai. 

Back in 2013, CZ was at a Poker table playing with some friends, when one of them asked the question 'Have you heard about the Bitcoin'.Just like everyone of Us at some point, CZ at that Moment didn't know about BITCOIN.

He then thought to Himself, "What is Bitcoin". He was fascinated by what His friends said, which was- 'Bitcoin is the Money of the Internet'.

Well, unlike some of US that would ignore a new terminology we come across, CZ didn't, HE wanted to learn about Bitcoin and Understand it. He took the bold step to download the whitepaper of Bitcoin and read every detail in it.

After a few month, CZ became so convinced that Bitcoin was going to do so well that HE sold His entire apartment and invested in Bitcoin, which was approximately $1M.

At that point, His friends thought HE was crazy, He quit His job and that made Him jobless and Homeless. Unfortunately, 2 months later, Bitcoin crashed by 70%, and CZ lost approximately $700,000.

At that point, His Mom called Him a stupid kid, for wasting so much money. CZ isolated Himself and studied Blockchain technology for 5 years.

CZ started a Crypto Exchange called Binance, which as we would all know has blown up. CZ was expecting Binance to be amongst the top 10 exchanges in 10 years, but it ended up being number 1 in 6 Months. 

According to CZ, He doesn't focus on the Money, but instead He focuses on Building a product everyone can use.

CZ is the richest crypto guy in the world, but HE livs a simple and humble life, with no fancy clothes or cars, and intends to donate His wealth to Charity.

Hopefully, we learn from CZ.

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Orthodox 🔶
Very useful content, this is the first time I'm learning about this information.
I had no idea about the background of Binance. It goes to show if you believe in something and as you say, have the conviction to believe and implement your ideas, great things can happen Amazing story thanks for sharing.
The life of CZ is really something to emulate. I have been following Him on social media and to be honest, I would gladly call CZ my role model. CZ's simplicity is to be studied. How can someone so rich be so good and humble? Imagine being the CEO of the top exchange in the world, woww
Cz never looks like he is. I we discuss about him in the earlier and latest. He can inspire us
He is a great man. With a great personality
CZ never looks like a CZ that could be. Anyone who hasn't seen him won't believe him if we first discuss about him earlier and showed his photo later. A man who could insipres anyone.
Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of July 2022.
CZ appears to be a very smart person and he actually is smart
Cz never looks like a cz that it could be. A man who could Inspire anyone
He's one of the most influential figures in Crypto
cz rich
its really impressive i got so much positive energy after reading rhis biography
Very motivatonal and inspirational story
CZ is the richest crypto guy in the world, but HE livs a simple and humble life, with no fancy clothes or cars, and intends to donate His wealth to Charity.
Wow, I didn't know this much about Binance, thank you for pointing out a whole lot of this points to Us. It is just so encouraging to learn about CZ