@Supers6061: Finished watching Cousin @cz_binance's latest chat; this video is entirely in Chinese, which is very friendly! (Highly recommend everyone to watch the original video) 1) Work & Management Style: He replies to messages instantly, afraid he'll forget if he turns away, answering at least 500 messages a day. When managing the team, he never chases for progress, requiring subordinates to actively report to him. He only keeps 3-5 most important things in mind, ...
Summary
This article summarizes the management style, entrepreneurial advice, insights on the cryptocurrency industry, and personal updates shared by Binance founder CZ in a fully Chinese chat.
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Cached at: 08/30/26, 08:23 PM
CZ’s Chat Recap: Work Style, Advice, and Crypto Insights
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Work & Management Style:
- He replies to messages instantly, fearing he’ll forget otherwise—at least 500+ replies daily.
- He never micromanages progress; he expects his team to proactively report to him. His mind only holds the 3-5 most critical things; everything else he delegates (so we must take initiative).
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If Starting Over in 2017:
- The first strict rule would be to avoid U.S. users from the start, sidestepping regulatory risks.
- Financial products like futures would launch earlier, and he’d proactively engage with regulators in various countries sooner.
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Core Method for Handling Pressure:
- He compartmentalizes emotions—moving from a stressful lawsuit one moment to a calm product meeting the next.
- He never sets rigid goals like “must earn X” or “must rank Y.” He just tries his best and leaves the outcome to fate.
- He views the world like a simulation game; just play your best. This mindset alone relieves most of the pressure.
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Advice for Entrepreneurs:
- Nine out of ten startups fail—don’t oversimplify things. The most crucial traits for a founder are optimism, resilience, flexibility, and genuine passion for the work. Busywork driven by self-appreciation is pointless; better to rest.
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Outlook on the Crypto Industry:
- Bitcoin’s value and longevity are widely accepted.
- However, real-world adoption in areas like payments and real estate certification is slower than expected, as is blockchain’s technical evolution.
- But developments in RWA (Real World Assets) and stablecoins are advancing faster than he anticipated.
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Why He Still Works After Achieving Financial Freedom:
- Lying around and playing golf gets boring eventually.
- He believes humans are naturally inclined to find joy in helping others, independent of fame or fortune. For example, seeing the GEEK ACADEMY—a free educational initiative—grow from teaching tens of thousands to 1.2 million children (as of now, 1.46 million students across 189 countries) brings him immense happiness.
- His message: Do what you love.
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Recent Health Update:
- He had two minor surgeries for a herniated disc, followed by over two years of recovery. Prolonged sitting still causes discomfort, so he often works lying down at home.
- He now exercises normally and can comfortably sit for one- to two-hour interviews.
CZ BNB@cz_binance·9h: Casual chat with Hanyang. x.com/HanyangWang/st…
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