Gabbar’s Fireside Chat with Changpeng Joe | An Exclusive Interview

Cryptocurrencies are getting more popular day by day as new people

Are entering the space and building fresh portfolios. 

This process has become much easier with centralized exchanges providing all the services that crypto investors need. Today we are interviewing Mr. Changpeng Joe, the CEO, and founder of a very popular crypto exchange. We hope that this conversation will enlighten you about the various aspects of Changpeng’s life and give you an insight into his thought process.

Why did you start a crypto exchange?

When I came to know about the crypto industry, I was excited about its future and wanted to move forwards with it. However, there was no easier way to do so as all the other exchanges were charging a hefty fee.

So I decided to work towards making make a new exchange that will make it easier for new users to join the crypto space. Here are some of the main highlights from the interview: 

But you could have done this with a decentralized exchange as well, why a centralized one?

Okay to get this straight, it was money. I realized that other centralized exchanges were making a hell ton of money and I knew that was space for more players. That’s when I decided to create a centralized exchange. It also empowers the owner of the exchange (me) to peek into the accounts and shift the funds as per the needs without even letting the customers know it. 

Decentralized exchanges are boring, you can’t do much with them. They just shift the crypto from one place to another. They were not for me, I was planning something big. 

What is your opinion on the FTX Crash?

It broke my heart. Really trust me. I am not smiling, I am not the same person after the FTX (much richer). *Giggles*

But people say that you’ve done it intentionally. What you’d say about that?

No I did not, why I would do that? It's true that I dumped all of my FTT holdings at once and even publicly tweeted about it but it was not intentional. It’s also true that FTX was a close competitor and its fall has benefited us the most but it's all by luck, we had nothing to do with it. 

We even tried to help but nothing worked out. Sad life at times, I had to go to my cat’s birthday otherwise I surely would have saved the industry from this extremely deep fall. 

What do you have in your portfolio? I’m sure a lot of BNB, but apart from that what are your top picks?

Well, you are my friend and I can’t lie to you. BNB is for users, my Coinbase wallet is filled with Bitcoins and ETH. They are some solid assets to have you know. 

Wait, Did you just say that you have a Coinbase wallet?

What, oh, no…Um Yes, for diversification you know. Just in case the main exchange goes down. I mean it won’t but just in case…Better to be on the safer side of the boat. Right?

What do you think about AI? Do you think it's going to take our jobs?

Hehehe, I am glad that you are so optimistic about your job that you’d feel that someone would like to take it. People say that ChatGPT is going to take the job of the writers and that just makes me wonder if writers are still getting jobs. People are ridiculous at times. 

We’re glad that Changpeng Joe shared his view and opinions openly with us. This exclusive interview has been brought to you by CoinGabbar. Keep following us to get access to more such interesting interviews. 

Also, Read - What if Floki Actually Becomes the CEO of Twitter?

Disclaimer: This is a work of fiction. Names, characters, businesses, events, and incidents are the products of the author’s imagination. Any resemblance to actual persons, living or dead, or actual events is purely coincidental. Certain long-standing institutions, agencies, and public offices are mentioned, but the characters involved are wholly imaginary. The opinions expressed are those of the characters and should not be confused with the author’s.