{"id":17576,"date":"2025-02-22T09:00:49","date_gmt":"2025-02-22T09:00:49","guid":{"rendered":"https:\/\/cryptd.in\/bitcoins-grip-tightens-cz-says-theres-no-escape-from-crypto\/"},"modified":"2025-02-22T09:00:49","modified_gmt":"2025-02-22T09:00:49","slug":"bitcoins-grip-tightens-cz-says-theres-no-escape-from-crypto","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pl\/bitcoins-grip-tightens-cz-says-theres-no-escape-from-crypto\/","title":{"rendered":"Bitcoin\u2019s Grip Tightens \u2014 CZ Says There\u2019s \u2018No Escape\u2019 From Crypto"},"content":{"rendered":"<p>A former cryptocurrency exchange executive remarked that <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> is an inescapable reality, a statement that stirred a discussion within the crypto community.<\/p>\n<p>The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump\u2019s proposed Strategic Bitcoin Reserve.<\/p>\n<h2><strong>Bitcoin Reserve Bill<\/strong><\/h2>\n<p>The proposal to create a US Strategic <a href=\"https:\/\/www.vaneck.com\/us\/en\/us-bitcoin-strategic-reserve-calculator\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin Reserve<\/a> is gaining momentum as several US states passed legislation that seeks to establish a localized version of a BTC reserve and build their crypto portfolio.<\/p>\n<p>Satoshi Action Fund posted on its X account that Montana\u2019s <a href=\"https:\/\/www.onesafe.io\/blog\/montana-bitcoin-reserve-bill-impact\" target=\"_blank\" rel=\"noopener nofollow\">proposed House Bill<\/a> No. 420 which seeks to create a localized Bitcoin reserve has been passed.<\/p>\n<p>\u201cStrategic Bitcoin Reserve legislation in Montana passes out of committee and moves onto a House floor vote,\u201d Satoshi Action Fund said.<\/p>\n<p>Representative Curtis Schomer sponsored the BTC-related bill.<\/p>\n<p>\u201cMontana becomes the 4th state to pass SBR out of committee. Utah, Oklahoma, Arizona, and Montana,\u201d Dennis Porter, CEO and Co-Founder at Satoshi Action Fund, noted on his social media post.<\/p>\n<h2><strong>\u2018No Escape\u2019<\/strong><\/h2>\n<p>With this development, CZ posted his thoughts on the Montana legislation, implying that Bitcoin has become an unavoidable reality while saying, \u201cThere is no other choice.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">countries or individuals. There is no escape\u2026 It\u2019s like, you can\u2019t not use the internet (or money). <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f937-200d-2642-fe0f.png\" alt=\"\ud83e\udd37\u200d\u2642\ufe0f\" class=\"wp-smiley\" \/><\/p>\n<p>\u2014 CZ <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f536.png\" alt=\"\ud83d\udd36\" class=\"wp-smiley\" \/> BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1892292632744780112?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 19, 2025<\/a><\/p>\n<\/blockquote>\n<p>\u201cYou can buy bitcoins after the US government is done buying, or before,\u201d CZ said in a post, indicating that buying the firstborn cryptocurrency is inescapable and that it is no longer a debate whether to buy or not but rather when investors should make a purchase.<\/p>\n<p>A crypto trader agrees with CZ\u2019s opinion that no one can avoid BTC. \u201cFront-run the biggest buyer in history, or wait until there\u2019s nothing left. The choice isn\u2019t if\u2014it\u2019s when.\u201d<\/p>\n<p>The trader added that those late in adopting BTC will have to pay the premium for not making the move earlier.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/t3TdS3Ck\/\" width=\"1835\" height=\"883\" loading=\"lazy\" \/><\/p>\n<blockquote><p>\n\u201cCountries or individuals. There is no escape\u2026 It\u2019s like, you can\u2019t not use the internet (or money),\u201d CZ replies to a crypto streamer who said that other countries are also thinking in the same way Montana did in creating a Bitcoin reserve.\n<\/p><\/blockquote>\n<p><strong>BNB Donation<\/strong><\/p>\n<p>In a separate post, CZ emphasized the significance of crypto donations to help other individuals during disasters.<\/p>\n<p>The ex-Binance executive shared that his previous donation was returned to him with additional crypto, describing it as something unexpected.<\/p>\n<p>Earlier, CZ gave away 150 BNB worth $100,000 to crypto investors who lost their money in a pump-and-dump scheme related to the <a href=\"https:\/\/bitcoinist.com\/libra-crypto-in-trouble-argentinas-president-demands-investigation\/\" target=\"_blank\" rel=\"noopener nofollow\">LIBRA<\/a> coin, a digital asset that was briefly promoted by Argentina\u2019s president, Javier Milei.<\/p>\n<p>CZ said that he sent the <a href=\"https:\/\/coinmarketcap.com\/currencies\/bnb\/\" target=\"_blank\" rel=\"noopener nofollow\">BNB<\/a> to a university student, who added $50,000 of his own money to aid the victims. He believes that the student might have earned decent profits on BNB and decided to return the crypto to CZ with a bigger value.<\/p>\n<p><em>Featured image from Finans, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump\u2019s proposed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin\u2019s Grip Tightens \u2014 CZ Says There\u2019s \u2018No Escape\u2019 From Crypto - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/pl\/bitcoins-grip-tightens-cz-says-theres-no-escape-from-crypto\/\" \/>\n<meta property=\"og:locale\" content=\"pl_PL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin\u2019s Grip Tightens \u2014 CZ Says There\u2019s \u2018No Escape\u2019 From Crypto - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. 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