CZ: Finance valuation is closely related to the cryptocurrency market, not shorting suppresses coin prices

Binance founder CZ stated on social media that Binance valuation is highly correlated with cryptocurrency market prices, and a downturn in the cryptocurrency market can lead to a decrease in trading volume and transaction fees, affecting Binance valuation. He emphasized that Binance and itself never short or lower the price of cryptocurrencies, and continue to communicate with governments around the world to promote the development of the cryptocurrency industry. He also stated that blockchain is a better currency technology, and once wealth exceeds a certain threshold, more money does not necessarily bring more happiness. Health, family, and positive impacts are more important.