Trump: Will Send More Ships to Iran If They Don't Reach Agreement, See What Happens
On Jan. 31, Trump said the U.S. is sending more naval vessels to areas near Iran. He noted Iran should strike a deal, adding that if it doesn’t, “we’ll see what happens.”
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CZ: Bitcoin is far better than gold, but its youthfulness means adoption will take time
On January 31, Binance founder Changpeng Zhao (CZ) said in an AMA response:
“I believe Bitcoin is far superior to gold, but we have to acknowledge Bitcoin is still a nascent technology with relatively low adoption. Right now, gold’s market value is roughly 10x that of Bitcoin—meaning at least 10x more people are familiar with or hold gold. That’s why gold is more easily accepted in over 10x as many locations worldwide today—purely because of familiarity.
Take AI for example: I might think artificial intelligence is a great tech that can handle all kinds of work, but that doesn’t mean AI can do everything right now, does it? There’s a time factor at play here.”
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CZ: FUD Brings More Exposure to Individuals and Binance, Platform Will Ultimately Benefit After the Storm settles
On January 31, Binance founder Changpeng Zhao (CZ) addressed recent market FUD during an AMA, sharing his take on negative discourse:
Repeatedly bashing a name or platform actually acts as free PR—driving more exposure. When people hear “Binance” over and over, whether they’re new to crypto or seasoned players, the idea that Binance is the industry’s largest, leading platform sticks firmly in their minds. Claims that Binance can “cause X” or “manipulate Y” make the exchange seem so powerful it becomes the only platform users feel they need to watch. Many non-Binance users, curious, will likely sign up to check it out themselves.
CZ cited his Twitter followers as proof: For nearly a full year, his follower count barely grew—likely because Twitter’s algorithm keeps cleaning out bot accounts (a good thing, he noted). But lately, follower growth has suddenly picked up, spiking pretty quickly.
Most companies don’t fear negative attacks (people have their own judgment), he said—they
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CZ: A very small number of users' complaints have been able to generate a significant amount of noise on social media, and Binance has done its best in customer service.
On January 31, Binance founder Changpeng Zhao (CZ) addressed recent market FUD during an AMA session:
“The perspective of the ‘98% majority of users’ is crucial here. Let’s break it down: Binance currently has 300 million users. Even if just 1 out of every 100,000 users has a complaint or runs into issues, that’s 3,000 people total. Those 3,000 can create a lot of noise on social media. But the vast majority of users are rational, and we still take their concerns seriously. I think Binance has done a strong job in this area—even going above and beyond what’s required.
Right now, most social media complaints center around the October 10 events. Frankly, that day’s market volatility couldn’t have stemmed from a single cause—but I still addressed it. As for claims that ‘October 10 was CZ manipulating the market,’ that’s flat-out impossible. When I see those kinds of complaints, I know they’re more about emotional venting.
We listen closely when people share specific product impro
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CZ: Recently, there has been a malicious spread of "FUD" by paid trolls. Traders need to take responsibility for their own decisions.
**Jan 31 Update: Binance Founder CZ Addresses Market FUD in AMA**
Binance founder Changpeng Zhao (CZ) responded to recent market fear, uncertainty, and doubt (FUD) in an AMA on Jan 31, noting:
“‘Water armies’ (or coordinated disinformation groups) have become a well-established industry, often backed by competitors—many sectors use this tactic to pay people to spread false info, shape narratives, or push FUD.
It’s easy to spot these accounts: they’re usually people you’ve never engaged with, have few followers, are newly registered, or are otherwise unknown to you.
Some people who lost money (e.g., during the Oct 10 incident or in recent months) want someone to blame. They make up a small percentage, but their voices are disproportionately loud. If you don’t take responsibility for your own trades—only blaming others—you’ll struggle to succeed in trading. You pressed the buy button; you pressed the sell button. The button exists, but that doesn’t mean you have to hit it; ot
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