In a spirited exchange with gold advocate Peter Schiff, Changpeng Zhao (CZ), CEO of Binance, defended Bitcoin against Schiff’s recent criticisms. Schiff argued that Bitcoin’s value has declined compared to gold, predicting a harsh market downturn. However, CZ countered by highlighting Bitcoin’s history, noting its impressive growth from fractions of a cent to over $100,000 since its inception. He emphasized the importance of analyzing long-term performance rather than focusing on short-term market fluctuations. The debate has reignited the ongoing clash between traditional gold investors and Bitcoin proponents. While some see Bitcoin’s volatility as part of its growth phase, others view it as a speculative bubble. Analysts suggest the exchange reflects the fundamental divide between those who value physical assets like gold and those who believe in the potential of digital economies. Despite recent market corrections, Bitcoin remains one of the most profitable assets over the past decade, demonstrating resilience throughout multiple market cycles. CZ’s response underscores that investors should consider a broader perspective when evaluating short-term market shifts, focusing instead on Bitcoin’s enduring potential as a technological and financial innovation.