#1568 CZ's Story: From No Electricity to Bitcoin Billionaire

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Jul 1, 2025

In this insightful discussion, CZ, the founder of Binance and a pioneer in the cryptocurrency space, shares his remarkable journey from a childhood without electricity to becoming a Bitcoin billionaire. He reflects on his early adoption of Bitcoin, the highs and lows of launching Binance, and navigating the volatile crypto market. CZ discusses his legal challenges and the emotional toll of imprisonment. He also offers predictions for the future of crypto and the implications of evolving regulations, cementing his role as a visionary in finance.

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INSIGHT

Global Experience Fuels Conviction

CZ's global experience and tech background helped him recognize Bitcoin's potential early.
Understanding blockchain technology and financial systems gave him a strong conviction to invest early.

ANECDOTE

Humble Rural Beginnings

CZ grew up in a Chinese village without electricity or running water during his early years.
His family's move to Canada dramatically improved his life and provided new opportunities.

ANECDOTE

Building Binance with Prepared Team

Before building Binance, CZ helped many clients with exchange software, gathering a skilled team.
Binance launched in 2017 leveraging this team and caught a niche by supporting ERC-20 tokens early.

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CZ is the founder of Binance, and is one of the most successful entrepreneurs of our lifetime. In this conversation we talk about when he first bought bitcoin in 2013, his childhood with no electricity or running water, career before finding bitcoin, starting Binance, managing bear and bull cycles, regulation, his time in prison, and what the future may hold for CZ and the crypto market.

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