In a video of questions to close 2021, Binance CEO Changpeng Zhao, popularly known as “CZ”, addressed a series of tweets chosen by the Binance community.
The most prominent message from the Chinese-Canadian entrepreneur was that centralized exchanges like Binance will remain relevant in 2022 and beyond.
Responding to a loaded tweet about the dark side of centralized finance, as well as the future of decentralized finance, Zhao said: “Today, we still need centralized systems to integrate with the traditional financial industry so that we can deposit and get the money out of cryptocurrencies. “
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