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CZ Tells Peter Schiff ‘Bitcoin Is A Better Version Of Gold’ In Heated Debate - Here's What They Clashed Over
Binance CEO Changpeng ‘CZ’ Zhao called Bitcoin (BTC) a “better version of gold” on Thursday in a debate against gold bull Peter Schiff at Binance Blockchain Week. “I think gold will do well, but Bitcoin will do better,” CZ said. He highlighted Bitcoin’s digital, portable, and divisible nature, noting that while it exists only as a record on the blockchain, it still holds value through widespread trust and usage. “Google has value. Twitter has value. Many virtual things have value,” he added, stating that Bitcoin’s virtual form does not reduce its worth. Schiff countered, comparing Binance to a ... (full story)
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From morningstar.com | Dec 4, 2025
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