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0# Binance Founder CZ on His New Book & Advice for Young People
This AMA focused on CZ's new book, Freedom Of Money, touching on his entrepreneurial journey, why he wrote the memoir, and his views on young people, founders, investors, and the future of crypto.
CZ said he has no plans to start another company at this point. Instead, he prefers backing projects as an advisor and investor. When evaluating founders, he cares most about mission-driven people who can survive bear markets and execute through tough cycles.
On setbacks and major life decisions, CZ stressed the importance of keep moving, adjusting direction when needed, staying disciplined on spending, and committing to long-term learning.
For young people, he believes the opportunity set today is actually bigger than before. In his view, AI, the internet, and blockchain will continue creating new paths for upside.
CZ also remains highly bullish on crypto. He believes blockchain adoption is still in its early innings, with much bigger roles ahead in payments, FX, commodities, and AI agent-driven transactions.
He added that the process of writing and publishing Freedom Of Money helped him reexamine his own journey, gain fresh perspective on some major events in his past, and find a sense of personal closure.
Text summary: Link
Timeline:
00:00 Intro
02:21 Will he start another company? Why he's focused on advising and investing instead
05:28 Where the confidence to build from scratch came from
09:52 How to keep going in low moments — and how to know when you're on the wrong path
15:42 The long process behind publishing Freedom Of Money and what he wanted to say with it
21:02 How he evaluates projects today — and how not to miss the next Binance
26:35 How to judge whether a crypto narrative can survive cycles
30:05 The most overlooked part of Binance's early growth: extreme intensity behind the scenes
32:35 Advice for young people: consume less, learn more, and go after new opportunities
38:57 Simplified Chinese edition updates, piracy, and his take on Meme culture
46:31 Whether writing the book changed how he sees his past and identity
50:45 Why he chose to publish a book after years of controversy
53:36 Whether ordinary people still have life-changing upside in today's Web3
