The interaction between Binance founder Zhao Changpeng (CZ) and Tesla CEO Elon Musk on the X platform (formerly Twitter) has sparked heated discussions. CZ mentioned that Binance had invested $500 million to support Musk's acquisition of Twitter, to which Musk responded promptly with a 'Thank you!' and followed CZ again, seemingly suggesting a warming of their relationship. (Background: Amazon may invest 5% of its assets in Bitcoin? CZ responded: Just accept BTC payments, it's simple) (Additional context: CZ revealed that Binance had invested in the crypto travel agency Travala before the pandemic, causing the $AVA token to jump 342%) A historic reconciliation! The interaction between cryptocurrency exchange Binance founder CZ (Zhao Changpeng) and Tesla CEO Musk on the X platform (formerly Twitter) has become a topic of discussion again. Their past actions of mutually following and unfollowing each other have always been seen as a subtle symbol of their complex relationship. Today, CZ retweeted a news article about Binance's participation in Musk's acquisition of Twitter, emphasizing that Binance had invested $500 million in the deal, stating: 'Glad to contribute to the acquisition of Twitter!' Musk immediately replied 'Thank you!' and clicked to follow CZ again, an action interpreted as a signal of a warming relationship between the two. Thanks! — Elon Musk (@elonmusk) December 15, 2024 CZ's six reasons for investing in Twitter After Musk completed the $44 billion acquisition of Twitter in 2022, Binance CEO Zhao Changpeng (CZ) accepted an interview with CNBC, expressing the hope of helping to bring web3 elements to Twitter, and elaborated on six reasons for investing in Twitter: Supporting freedom of speech, stating that Twitter is the global Townsquare. Regardless of background, Twitter has given us a voice; irrespective of short-term stock price fluctuations and market conditions, freedom of speech is a prerequisite for financial freedom. Supporting entrepreneurs, Elon Musk is a powerful entrepreneur, and I believe that under his leadership, Twitter will continue to evolve and become a platform of influence for everyone. Believing in the enormous untapped value of Twitter, which still lacks a suitable business model, Musk and crypto technology can innovate business models without selling user data. Binance can help integrate Web3.0 into Twitter as the largest liquidity provider. CZ frequently uses Twitter; as the saying goes, invest in the products you use (not financial advice). CZ wishes to help solve problems while iterating on Twitter’s products, including eliminating bots, adding an edit button, charging for blue checkmarks, and charging for post comments. CZ has repeatedly unfollowed Musk. Unexpectedly, after the acquisition, Musk invited the eToro trading platform to join Twitter, becoming a cryptocurrency trading partner instead of Binance. Additionally, since CZ had previously assisted with funding during Musk's acquisition of Twitter, the community pointed out that Musk's action might have hurt CZ's feelings, causing a rift in their relationship, leading CZ to unfollow Musk. Further reading: After unfollowing Musk) CZ: Binance is also a small shareholder of Twitter and supports 'freedom of speech'! In November this year, CZ unfollowed Musk again, seemingly further confirming the gap between the two. However, looking back at past interactions, it may be found that what CZ truly values is not merely close business cooperation; what he perhaps longs for is a simple thank you from Musk, an affirmation of their shared vision and mutual appreciation. For CZ, establishing a spiritual connection with like-minded industry leaders is far more valuable than mere profit relationships. Their recent renewed interaction may signify a new beginning, and whether these two representative figures in the cryptocurrency and technology fields can collaborate again in the future has left the community hopeful. Related reports What has CZ been doing since his release? In an interview, he revealed: working on the education platform Giggle Academy, investing in AI, biotechnology... Bitcoin breaks 100,000) CZ laughs, 'Other assets have become cheaper', the female stock god claims BTC's narrative is greater than gold CZ and Shen Yu declare: the altcoin season has arrived! A quick overview of the top 10 tokens targeted by whales "A historic reconciliation! Musk thanks CZ for assisting in the acquisition of Twitter, CZ happily responds with an emoji" This article was first published on BlockTempo (the most influential blockchain news media).
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