Plausible parallels have been drawn between Binance CEO Changpeng Zhao and Mark Zuckerberg of Fb on podcast #74 of Coin Discuss hosted by Aaron Lammer & Jay Caspian Kang, titled “When Trolls Get Rekt.”


The podcast was later coated by Forbes contributor Billy Bamrough who covers cryptocurrency-related content material for the publication.

In his article, Bamrough shared a number of parallels between blockchain and social media firms and their management. For example, earlier than Fb, there was Myspace; a platform that reportedly “struggled to grow beyond its original interests.”

“Then came along Facebook,” wrote Bamrough. “Building a userbase of 2.3 billion people worldwide and successfully integrating itself and social networks into aspects of life that seemed entirely unnecessary as little as 10 years ago.”

Bamrough then gave a summation of how the social media and blockchain landscapes have converged by way of their key challenges:

Bitcoin and cryptocurrency builders are actually confronted with an analogous problem to that of Myspace—methods to develop past the area of interest makes use of that at present exist to one thing extra that can be utilized by individuals all over the world for issues that we discover arduous to think about as we speak.

Zuckerberg’s and Zhao’s parallels

Private parallels have been additionally drawn between Zuckerberg and Zhao — reminiscent of their unconventional enterprise types and humble caricatures described as “alternative company leaders.”

changpeng zhao binance

Zuckerberg was reportedly recognized for sporting denims and t-shirts as an alternative of fits “thumbing his nose at many of the traditional chief executive tropes” writes Bambrough.

Whereas Changpeng Zhao, CEO of the world’s largest cryptocurrency change, is described because the real-life model of ‘Zuckerberg’ within the movie The Social Community, which depicts the creation of Fb.

He was play appearing a cool man that doesn’t care about something, gave the impression to be simply rolling with the punches however is completely in management. CZ is like the true model of that in crypto.

CZ’s and Zuckerberg’s shared charity and humility

There additionally seems to be a deeply empathetic human facet to each CEOs. CZ went as a far as placing down his personal blockchain a peg in a collection of tweets coated by Bitcoinist stating that

Ethereum can can do rather more than BNB in options. Let’s develop collectively.

Binance additionally has its personal charitable group. By way of donations from the Binance neighborhood, the group donates throughout time of disasters and has began an initiative to feed the hungry titled “Binance Lunch for Children.” On the time of writing, this initiative, particularly, had raised 8.7227 BTC or USD $45972 to feed hungry kids in international locations reminiscent of “Kenya, Uganda, and Tanzania.”

Whereas the “Chan Zuckerberg Initative” on Fb’s facet is a restricted legal responsibility firm with an funding of “up to 1 billion in Facebook shares in each of the next three years.” The initiative goals to “advance human potential and promote equality in areas such as health, education, scientific research, and energy.”

Is CZ just like Fb’s Mark Zuckerberg? Share your ideas beneath!


Photos through Shutterstock, Bitcoinist archives

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