CZ End-of-Year Q&A: Cryptocurrency is the Only Choice for AI and Robots, Cryptocurrency Market Still Has Several Orders of Magnitude Growth Potential, Many More Opportunities in the Future

**Binance Founder CZ Shares Insights in Year-End Q&A (Dec 18)** On December 18, Binance founder Changpeng Zhao (CZ) discussed his work priorities, views on the BNB ecosystem, crypto market trends, key sector judgments, entrepreneurship advice, and investment focus during his year-end Q&A. ### Key Takeaways: 1. **Current Focus Areas**: CZ spends most of his time on four initiatives: Giggle Academy, YZi Labs, the BNB ecosystem, and pushing for national cryptocurrency adoption. 2. **BNB Chain Growth**: The chain saw strong 2023 growth—annual trading volume up ~600% year-over-year, daily active users topping 2 million. CZ emphasized it needs to keep creating value for actual builders, noting the ecosystem’s future scale will surpass any single business within it (including centralized exchanges and protocols). 3. **Stablecoin Sector**: A "better" stablecoin hasn’t scaled broadly yet; current options are 1.0/1.5 iterations (e.g., FDUSD, USD1). The market has massive untapped potential. 4. **Prediction Markets (Bull Market’s Rare New Sector)**: CZ can’t say which project will win out, but short-term winners tied to high-profile events (e.g., next year’s U.S. presidential election—note: 2024 is a presidential year, not midterm) will be teams staying 24/7 vigilant. True success depends on long-term competition. 5. **AI + Crypto Integration**: AI and robotics will eventually be tightly integrated with crypto (not yet widespread, but inevitable). CZ wasn’t optimistic about AI agent trading tools: if viable, teams would use them themselves, not sell to users. In zero-sum capital markets, homogeneous AI strategies lose effectiveness. However, AI will be widely adopted by traders in various forms. 6. **Startup Investing Preferences**: CZ favors long-term support for mission-driven builders. Adapting to market needs is fine, but frequent pivots (every 3 months) signal lack of passion. Team execution is his top priority for investments. There’s no one-size-fits-all success formula, and future opportunities remain abundant. 7. **Crypto’s Early Stage**: Adoption is still single-digit (user count) or <1% (total wealth). The space has growth potential of several orders of magnitude.