May 13, 2020

Binance’s Changpeng ‘CZ’ Zhao and Bailey Reutzel talk about the shutdown and the pandemic.

Video transcript

Binance’s Changpeng ‘CZ’ Zhao and Bailey Reutzel talk about the shutdown and the pandemic. In this wide-ranging interview, CZ talks about how China survived the current pandemic crisis and how other countries will join it as the economy revs back up. “You can just print unlimited money and get people free money and you will support them in the short term,” he said. “But this long term economic that’s no production, so most of production has stopped. I do think we have the capacity to produce enough food to feed everyone right now. So I think all the essential services farming and everything still kept on going, which is fine. But at the end of the day, countries that are able to continue their production are able to tend to this much faster. So there’s a relative speed of economic development.”

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