
“Price Is a Distraction”: Binance Ex-CEO Reacts to Elon Musk’s Latest Revelation
In a recent tweet, Elon Musk sparked controversy by sharing his thoughts on the cryptocurrency market. However, Changpeng Zhao, the co-founder and former CEO of Binance, has responded with a stern warning: “price is a distraction.”
Zhao emphasized that building a product that is so good it will market itself is far more important than focusing solely on prices and making them rise to astronomical levels like “the moon.” He believes that this approach would ultimately lead to a sustainable business model.
In an interview, Zhao emphasized that the focus should be on creating high-quality products rather than chasing price targets. He encouraged entrepreneurs to develop solutions that will naturally increase their value over time.
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Source: u.today