Binance co-founder and former CEO Changpeng Zhao, also known as CZ, recently addressed the audience at Token2049 in Dubai, UAE, emphasizing the importance of freedom of speech in conjunction with freedom of money. CZ highlighted his investment in social media platform X as a means to safeguard freedom of speech. During a discussion with macroeconomic analyst Raoul Pal, CZ explained that without freedom of speech, no other freedom, including financial autonomy, can thrive. He further criticized Europe’s crypto policies, favoring more pro-business environments like the UAE. CZ’s interest in X became apparent when Binance invested $500 million in Elon Musk’s acquisition of Twitter, now known as X, alongside other major firms. Despite acknowledging the platform’s value, CZ identified issues such as monetization challenges, spam bots, development issues, and scam accounts targeting users. CZ also urged Elon Musk to address the bot issue on X, affecting the cryptocurrency community with fake tokens and scams. Nevertheless, CZ remains optimistic about X’s future, aiming to integrate crypto payments and propel the platform into Web3. This strategic move aligns with CZ’s vision of supporting platforms promoting freedom of speech and financial autonomy in the digital age.