Changpeng Zhao on Bitcoin stated that the current decline looks like part of the usual four-year cycle, not a sign of a systemic crisis. In his view, the market is once again going through a familiar sequence: first rapid growth, then a painful correction, and an accumulation period before the next phase. The Binance founder also warned that artificial intelligence could be more dangerous than the crypto market and suggested tough measures to protect Satoshi Nakamoto’s coins from quantum attacks.
Why the Current Correction Fits the Four-Year Cycle
According to Changpeng Zhao, the market is once again following a familiar pattern:
- Strong growth.
- Noticeable drop.
- New accumulation phase.
- A decline of about half from the historical high is not considered unusual by him.
- In previous cycles, the drop was much deeper and reached up to 80 percent.
For Zhao, such a drop does not break the long-term picture: bitcoin has already gone through tougher pullbacks and after them entered a new cycle.
Zhao noted that even the minimum levels of each new cycle become higher than before. After the collapse of the FTX exchange, the bottom was around $16,000, whereas now the market is holding about five times higher. Additional support, he said, came from the reversal of United States policy toward digital assets and the influx of large investors through exchange-traded funds.
Zhao Considers Artificial Intelligence a More Serious Threat
Separately, Changpeng Zhao focused on risks associated with new technologies. Blockchain and the cryptocurrency sector, in his opinion, are easier to control because their main area is related to money and value transfers. Artificial intelligence is different: it can attack computers, control drones, robots, and other systems that can affect the real world.
‘Cryptocurrency, whatever it does, cannot destroy our civilization. Artificial intelligence has that power,’ said Changpeng Zhao.
Against this backdrop, the entrepreneur’s statements are important not only for Binance users. Investors, online digital currency exchange services, major platforms like Coinbase, and business media such as Bloomberg are watching market assessments. The entrepreneur’s name also appears in another Russian broadcast — Changpeng Zhao.
What to Do with Satoshi’s Coins in the Face of a Quantum Threat
Zhao does not consider quantum computers an inevitable disaster for Bitcoin. In his opinion, the network will be able to switch to a more robust encryption algorithm if such a danger becomes real. The main challenge will not be technology, but coordinating actions within the community.
The entrepreneur suggested that in the new protocol, long-inactive addresses could be blocked. In this case, the total supply would be reduced to about 20 million BTC, taking into account the coins associated with Satoshi Nakamoto. Without such a step, Zhao believes, these assets could one day be claimed by whoever first manages to break the old encryption using a quantum computer.
The discussion about digital assets has long gone beyond crypto exchanges and private investors. Regulators, technology companies, and government leaders, including the President of Kyrgyzstan Sadyr Nurgozhoevich Japarov, are joining in, as the development of the market is increasingly linked to financial policy, security, and the future of digital infrastructure.
