Binance Founder and Peter Schiff Clash in Bitcoin – Gold Debate

A high-profile debate between Binance co-founder Changpeng Zhao (CZ) and gold advocate Peter Schiff reignited one of the digital asset industry’s oldest arguments: is Bitcoin a superior form of money, or does blockchain-powered tokenized gold offer a better path forward? The discussion unfolded on December 4, 2025, at Binance Blockchain Week in Dubai, bringing two opposing philosophies into sharp focus. CZ Calls Bitcoin a “Better Version of Gold” CZ framed Bitcoin as the natural evolution of gold, digital, borderless, and verifiable without relying on intermediaries. He argued that tokenized gold suffers from a fundamental weakness: trust. Since each token depends on a custodian actually holding gold reserves, CZ called it a “trust-me-bro token”, insisting that Bitcoin requires no such assurances source: https://www.ethnews.com/binance-founder-and-peter-schiff-clash-in-bitcoin-gold-debate/