Bitcoin Debate Between Binance Founder Changpeng Zhao (CZ) and Famous Gold Advocate Peter Schiff! Details Here

Binance founder Changpeng Zhao (CZ), one of the leading figures in the cryptocurrency world, and famous gold advocate Peter Schiff came face to face in a debate on “Bitcoin and tokenized gold.” The “Bitcoin vs. Tokenized Gold” Debate Between CZ and Peter Schiff: Utilization or Speculation? In the program broadcast live by Foresight News, two names expressed opposing views on the true value and use cases of Bitcoin. CZ argued that Bitcoin's value stems not from speculation, but from its actual uses. He noted that in many developing countries, cross-border payments have been reduced from days to minutes, and that Bitcoin's ability to move freely globally without the need for third-party custody offers an advantage incomparable to gold and tokenized gold. He also emphasized that despite the proliferation of payment technologies like Binance Card, Bitcoin usage has not declined; on the contrary, it has become more invisibly yet effectively integrated into daily life. According to CZ, Bitcoin is not a speculative tool but a technology rapidly being adopted globally. Peter Schiff, in contrast, has argued that Bitcoin's price increases are largely due to speculative cycles. According to Schiff, Bitcoin cannot be a true store of value because it has no industrial use or compelling demand. Arguing that transactions made with Bitcoin actually mean “selling Bitcoin to pay,” Schiff said that gold is in a much more solid position compared to Bitcoin with its thousands of years of value tradition, its role in central bank reserves, and its physical uses. The debate has once again highlighted ongoing disagreements within the cryptocurrency ecosystem about how Bitcoin's long-term value will shape. *This is not investment advice. Continue Reading: Bitcoin Debate Between Binance Founder Changpeng Zhao (CZ) and Famous Gold Advocate Peter Schiff! Details Here