Binance founder Changpeng Zhao (CZ) discussed his early decision to go "all in" on Bitcoin during an interview on October 11, 2025. CZ recounted how he first encountered Bitcoin's technology in 2013 and immediately recognized it as a significant opportunity, viewing it as a life choice rather than a short-term speculation.
CZ explained that when he resigned and invested his entire net worth in Bitcoin, he considered the risk manageable. He believed that even if Bitcoin's value dropped to zero, he could return to a programming job in banking, earning a six-figure salary as a fallback. Despite experiencing an 18-month period of declining prices and being "stuck," CZ remained committed to his investment. His conviction in Bitcoin was driven by a belief in future technology rather than short-term price movements, a perspective that has since allowed him to navigate market cycles with greater confidence.
Binance Founder CZ Reflects on Early Bitcoin Investment
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