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CZ on the Meme Coin controversy: Respect each other's choices in a decentralized world
【Blockchain Rhythm】Regarding the recent HAPPY-SCI donation incident, CZ shared his views. He understands everyone’s disappointment but also wants to clarify a few points that are easily misunderstood.
First, everyone needs to understand one thing: you can’t forcefully ride on someone else’s popularity. You can try, but if they don’t cooperate or their handling doesn’t meet your expectations, you just have to accept reality. After all, you’re proactively relying on others. In a decentralized world, respecting everyone’s decisions is a fundamental principle.
Secondly, each project team has its own considerations. Not everyone wants their charity project to be linked with a source of unknown origin Meme token. Honestly, doing so can easily distort the original intention. Is it truly charity, or is it a covert way to help token holders get rich overnight? Did they participate in hype? Once these questions are involved, it’s hard to explain, and it can easily be criticized. Maintaining a clean reputation is actually more important.
Another practical issue is that people’s situations are indeed different. CZ mentioned that in companies and projects where he has influence, insider trading is strictly prohibited. Any conflicts of interest must be fully transparent; otherwise, employees are usually dismissed. I believe everyone supports this. But if you require employees to support community projects while also preventing insider trading risks, these two requirements are fundamentally contradictory and cannot be satisfied simultaneously.
CZ finally reiterated that, although he doesn’t have detailed knowledge of the entire incident, he believes that the project’s considerations (especially regarding innocence and conflicts of interest) are the main reasons. The key point is: don’t always shift responsibility onto others; everyone must be responsible for their own choices.