Skip to content
Back to Guavy Wire
Crypto

CZ Stands Firm: Banks Can Go Bankrupt, Crypto is Here to Stay

Instruments
BTC BNB
Share

Binance founder Changpeng Zhao, also known as CZ, has expressed his confidence in cryptocurrency over traditional banking systems.

In a recent statement, CZ said that banks could go bankrupt, which is where the term comes from. He reaffirmed his preference for crypto.

This reflects a broader philosophy that has shaped Zhao's views since the early days of Bitcoin and blockchain technology.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc