At the Binance Blockchain Week event on December 4, the debate between Changpeng Zhao (CZ) and economist Peter Schiff became the center of attention when the two figures with opposing views discussed the topic of “Bitcoin and Tokenized Gold”. This was a rare public appearance of CZ after a long period of limited speaking since leaving the leadership position of Binance, making his comments especially attract attention from the cryptocurrency community.
In the exchange, CZ said that the gold market will still have positive developments, especially in the context of the volatile global economy. However, he emphasized that Bitcoin has the potential to outperform in terms of growth when considered in the long term. According to CZ, absolute scarcity, increasing acceptance and the Vai of "new generation hedge asset" are helping Bitcoin surpass traditional gold. He affirmed: "I believe gold will go up well, but Bitcoin will go up even stronger."
