Binance CEO Reveals Secret to 8 Years of Crypto Dominance: Prepare for the Shocking Truth!

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Ah, Richard Teng. A man who took over the throne from the legendary Changpeng Zhao (CZ), and now, dear readers, he graces the cryptoverse with his words. What has he decided to tell us, the humble peasants of the cryptocurrency kingdom, as Binance approaches the monumental, mind-blowing, gasp-worthy eighth anniversary of its existence? Well, brace yourselves, for Teng has blessed us with the most unassuming revelation on his X account: it’s all about the *users*, folks. A staggering 280 million of them, to be precise. Oh, how revolutionary! 🍾

Let us all take a moment to reflect on this earth-shattering truth: Binance is big because of its vast, loyal army of crypto traders. I mean, who would’ve thought, right? No one could have guessed that the key to success would be something as trivial as *users*. It’s almost as if Binance’s strength wasn’t a result of magic, or pure luck, but something quite ordinary… like *demand*. Shocking! 😱

Binance’s Mysterious Formula for Success Revealed – The Secret Sauce! 🍕

Richard Teng, with a voice as clear as the brightest moon in the crypto sky, has made one thing abundantly clear: what makes Binance the undisputed leader of the cryptocurrency world is not its fancy algorithms or sleek interface—oh no. It’s the 280 million USERS. We know, you’re speechless. You probably thought it was the blockchain that kept Binance’s engines running. Nope. It’s the “users” – simple, isn’t it? Teng, of course, thanked the community profusely for its never-ending support. How charming! 😏

Approaching our 8-year anniversary, it’s clear what keeps #Binance strong: our 280M users globally!

Putting you first, whether with new products or refining existing ones, has always been our guiding philosophy.

Grateful for your continued support. 🙏

— Richard Teng (@_RichardTeng) July 10, 2025

Binance was co-founded by the ever-gallant CZ in 2017, when he and his merry band of founders launched an ICO on Ethereum and sold BNB tokens. They didn’t stop there, oh no! They birthed the Binance Smart Chain, which, under CZ’s tireless leadership, was rebranded as BNB Chain. Truly, the crypto world can rest easy knowing they’ve got such masterminds at the helm. 💡

And Now, a Genius Insight From CZ on Artificial Intelligence! 💡

Oh, and as if this wasn’t enough, CZ, the man who never tires of commenting on every topic under the sun, has dropped a little AI wisdom on us. Forget crypto for a second, he’s now bringing us the future of law—yes, you heard that right. CZ has proposed that AI should be the mighty tool to simplify the giant mess that is legislation. Apparently, the laws of most countries are “gigantic, patched, and added over time” (a fascinating revelation, considering lawyers had absolutely nothing to do with this!) The poor, poor lawyers—what a life they must lead. The audacity! ⚖️

But don’t worry, dear readers, CZ made sure to add a disclaimer. He’s not criticizing lawyers. No, no. His genius idea is simply that their “time could be used on more productive things, like… business deals, innovation, and, you know, progress.” We can only imagine how they’re all rushing to adopt his advice. 😬

We should use AI to simplify laws.

Laws in most countries are gigantic, patched, added, and often intentionally made complex over time (by lawyers). They are also often self-conflicting (great for long debates), and impossible to understand by a normal person. Implementing them…

— CZ 🔶 BNB (@cz_binance) July 10, 2025

But it doesn’t stop there! A commentator in Chinese had the audacity to question CZ’s expertise in the legal field (heaven forbid!), suggesting that he should stick to crypto and leave the legal intricacies to, well, the legal experts. CZ, ever the philosopher, responded with a simple declaration: he has thick skin. Bravo, CZ. Bravo. 🎩

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2025-07-10 14:47