Zhao Changpeng: We will stop using public addresses to avoid excessive interpretation of operations by the community. BNB and "Binance Life" will be donated to Giggle Academy

Binance founder Zhao Changpeng stated at Binance Square: Too many people are trying to overinterpret "What does this mean?" Today, I tested Trust Wallet and found too many Meme tokens in the wallet, so many that it was hard to even find BNB, so I tried to burn some tokens. As a result, even this action sparked quite a bit of community discussion. I realized that I could never "clean up" the meme coins on this address. The more I burn, the more people will send coins to this address. The transparent nature of blockchain means that any action on this address will be overinterpreted by the community.

I even considered asking the Trust Wallet team to create an "Ignore Coin" feature to avoid cluttering the interface, but 99.99% of people wouldn't use this feature at all. So the plan is as follows: I will donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy. After that, I will stop using this address and turn it into a burn address.