Bitcoin vs. Gold: Binance’s CZ Challenges Peter Schiff at Blockchain Week

Binance CEO Changpeng Zhao challenged gold advocate Peter Schiff about Bitcoin’s reliability during a debate at Binance Blockchain Week 2025 in Dubai. Zhao emphasized Bitcoin’s transparency, citing its unique advantages compared to traditional assets like gold. He used a physical gold bar to demonstrate the challenges of authenticating gold, highlighting the digital nature of Bitcoin as superior for verifiability and utility.