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CZ: I understand P's heartache and pain; when trying to "piggyback" on someone else's success, you need to respect their choices.

On January 14th, CZ responded to the "Meme coin HAPPY-SCI donation of $420,000 was destroyed, nearly wiping out its $4 million market value," expressing understanding for the community and P's group's heartache and pain. However, there are always two sides to every story, and the following clarifications were made: 1. Don't try to "piggyback" on others' success. It's fine to try, but if others ignore you or handle it in a way you don't want, you have to accept it. After all, you're the one trying to piggyback on their success. In a decentralized world, you must respect others' choices. 2. Everyone has their own ideas. Not everyone wants their small charitable project to be linked to a Meme token (whose origin is unknown). This would indeed distort the nature of the charitable project. Is it charity or helping P's group get rich overnight? Do they even have a stake? Is it charity or a deceptive tactic? It's hard to explain. Maintaining integrity is more important. 3. Everyone's situation is different. In all the companies or projects I can advise on, I "suggest" strictly opposing insider trading. Any involvement with external projects could lead to unclear conflicts of interest and, in most cases, result in dismissal. I believe everyone 100% supports this. However, the community wants its employees to support their projects while simultaneously preventing insider trading—these two are incompatible. Furthermore, CZ reiterated that he wasn't fully aware of the entire situation, but for Siyuan, reason number 2 was likely the most significant. Respect your own choices. Don't shift all the blame to others.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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