Key statements from CZ:
On the advantages of Bitcoin over gold: CZ emphasized that Bitcoin surpasses gold in divisibility, portability, verifiability, durability, and supply constraints. He believes Bitcoin is a pure digital asset that can be transferred globally without intermediaries, while physical gold is more difficult. For example, in the debate with Peter Schiff (a gold advocate) at Binance Blockchain Week in Dubai on December 4, 2025, CZ handed Schiff a gold bar and asked him to verify it – Schiff couldn't do it immediately, proving Bitcoin is easier to verify through blockchain. cointelegraph.com
Prediction: Bitcoin will flip gold: CZ tweeted on October 20, 2025: "Prediction: Bitcoin will flip gold. I don't know exactly when. Might take some time, but it will happen. Save the tweet." He argued that Bitcoin will replace gold as the leading store of value asset thanks to its growth from 0.004 USD to over 110,000 USD in just 16 years, despite short-term volatility compared to gold.
Response to criticism from Peter Schiff: When Schiff tweeted that Bitcoin had lost 32% of its value compared to gold since the peak in August 2025 and called Bitcoin "fool's gold," CZ responded: "Gold won’t go to zero. But bitcoin is better." He reminded that Bitcoin has outperformed long-term, and Schiff's advice has only been correct about 1% of the time in the past 16 years.
Before the debate: On December 3, 2025, CZ tweeted that he was a bit worried about debating Schiff because "Bitcoin has too many advantages over gold, so it should be easy. Hope I don't stumble." This shows his confidence in Bitcoin as a widely applicable technology, not just speculation.
CZ sees gold as a good asset (he said "gold will do well"), but Bitcoin will do better thanks to its real-world applications like fast cross-border payments and the DeFi ecosystem.
