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CZ Addresses SAFU and Self-Custody Wallets
CZ quotes Nami's SAFU fund thread, explaining that the term 'SAFU' came from a video titled Funds Are Safu.
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"SAFU" came from this video: https://t.co/Q7rCRsHpkFQuoting @nami1000x: one of the things i've always respected about @binance is the philosophy behind SAFU.
what started as a simple meme, “funds are safu,” eventually became something much more meaningful: a billion-dollar emergency reserve designed to protect users.
launched in 2018, SAFU has already been put to the test. when binance suffered a 7,000 BTC hack in 2019, users were made whole.
fast forward to 2026,
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CZ 🔶 BNB @cz_binance 2,093
CZ says he's not against hardware wallets or self-custody, noting YZiLabs invested in OneKey, SafePal and TrustWallet.
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From @nami1000x, @CryptoBestMood, @Marwanibb and others. Spam removed, with English and Chinese translations.
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