Former Binance CEO, Changpeng Zhao, is sharing his thoughts on the recent buzz around Strategic Bitcoin Reserves that individual US states are exploring.

He further amplified his stance on Bitcoin, comparing it to groundbreaking innovations like the Internet and traditional currency.

“There is no escape” from Bitcoin

The co-founder of Binance weighed in on the buzz surrounding Montana advancing a bill proposing the creation of a local Bitcoin reserve and progressing to the voting stage. CZ cited a tweet by Dennis Porter, the CEO and co-founder of Satoshi Action Fund.

As per Porter’s tweet, Montana has become the fourth state to move forward with its Strategic Bitcoin Reserve initiative, passing it out of committee and setting it up for a House floor vote. The other states in the lead include Utah, Oklahoma, and Arizona.

CZ then chimed in on Twitter, suggesting that financial institutions and retail investors have a choice: buy Bitcoin now or after the US government and all its states have already accumulated their holdings. He quoted himself with: “You can buy bitcoins after the US government is done buying, or before,” stating emphatically “there is no other choice.”

Elaborating further in a reply to a comment, he reiterated his “no escape” stance, drawing parallels between Bitcoin, the Internet, and traditional money. He argued that just as these are indispensable in modern life, BTC’s widespread adoption is inevitable: “There is no escape… It’s like, you can’t not use the internet (or money).”

CZ receives his BNB donation back and a lot more

Just the day before, the influencer had tweeted to highlight the significance of crypto donations in aiding those affected by crises. But, in a surprising turn, he shared that his initial donation had been returned to him, along with additional crypto assets.

Following the notorious “rugpull” incident and the LIBRA coin controversy linked to the Argentine president’s brief endorsement, CZ stepped in to donate 150 BNB to the victims impacted by this pump-and-dump scam. This donation was estimated to be around $100,000 when the transaction was made.

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He directed the funds to a university student, who generously added $50,000 of his own capital to further assist the affected individuals. Zhao noted that this student likely gained significantly from BNB’s success. The twist in the tale is that the very address CZ used for the initial donation unexpectedly received a return of crypto funds, not only in greater value but also “more in tokens.”