![]() So I'm very supportive of Elon's idea- let's move quickly, let's try new ideas.ĭAVID HOLLERITH: Yeah. So all of this shouldn't really take more than a week to implement each, so we should have done that, like, a year ago. And blue ticks, they should become more- there should be a cost to it. There's a lot of bots that spamming my comment section when I open my tweets for comments. JULIE HYMAN: Like what, CZ? Like what would be the thing that you would want to see from Twitter in terms of a new feature?ĬHANGPENG ZHAO: I actually agree with a lot of what- Elon's ideas. There should new features every month, every week, every day. I think, as a user, my biggest problem with Twitter is over the last year or a couple of years, there hasn't been a lot of new features being introduced. So, many different ideas should be tried and should we try quickly. So it's really, literally, like throwing spaghetti on the wall and just hope something sticks. As an investor, as a user, and as also a fellow entrepreneur, I think it's very common to have many different ideas and see what sticks. ![]() It doesn't feel like there is a unified strategy coming from Musk right now at Twitter.Īs an investor, what do you- and as a user- what do you want to see?ĬHANGPENG ZHAO: So I think that's very, very normal. Like, there's all this stuff sort of trickling out. In other words, maybe we'll charge people for the check marks, maybe we'll take away free ads from Twitter Blue. JULIE HYMAN: Speaking of sticking to your knitting and running Binance, I mean, we see, obviously, Elon Musk, who is running a couple other companies- now he's sort of doing Twitter- and the initial reports coming out, frankly, have the feel of throwing spaghetti against the wall, as we say. ![]() We want to give all the support we can, but we'll see what Elon decides. But if my help is needed, I'm happy to, but I'm pretty busy running Binance. I don't enjoy those type of, like, long meetings, et cetera. And for any entrepreneur or any company in today's environment, we've got to make many adjustments as time goes on, so it's very natural for his thought process to change over time.ĬHANGPENG ZHAO: I'm not against it, but I'm also not actively pursuing it. I think we've got to get there in incremental steps. And then he also has said that maybe that's not possible, maybe it just won't work.Īnd I'm curious, at this juncture, what you're thinking about a crypto implementation for Twitter might look like and how realistic do you think it is.ĬHANGPENG ZHAO: I think Twitter today is a centralized platform, so moving that in one giant step into a fully decentralized platform is going to be quite difficult. We want to support him too.Īnd crypto- Twitter is a town square for crypto and most of the world's hot topics, so it's a good place to support free speech.ĭAVID HOLLERITH: And, CZ, you know, Elon Musk has sort of gone back and forth, at least from what we've seen in court documents that showed his text messages- he was initially talking about doing sort of a blockchain Twitter to improve some of the problems he's laid out for the company. I think, first of all, we want to support free speech, and this is one of the best choices- the best chances to do that. Global regulators worry the rise in privately operated currencies could undermine their control of the financial and monetary systems, increase systemic risks, promote financial crime and hurt investors.CHANGPENG ZHAO: I think, to be honest- to be honest, it's a bit of both. “Hey what’s going on with your doge customers? Sounds shady,” Musk tweeted on Tuesday.īinance responded saying it is rebuilding its dogecoin wallet entirely, resulting in a delay in withdrawals that may continue for another week.īinance, one of the largest cryptocurrency exchanges by trading volumes, has come under scrutiny from regulators, according to reports.Ĭryptocurrencies have drawn the ire of regulators worldwide and yet managed to trade at record highs as investors rush to profit from wild swings in prices. His comments on dogecoin have fueled a dizzying rally in the cyptocurrency’s value this year. The cryptocurrency market has seen major fluctuations this year, often in response to Musk’s tweets. – Tesla founder Elon Musk on Tuesday delivered a stinging rebuke to Binance Chief Executive Changpeng Zhao on Twitter after the cryptocurrency exchange limited withdrawals of meme-based digital currency dogecoin.
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