Binance founder Changpeng Zhao, known as CZ, responded on Aug. 16 to remarks attributed to the World Gold Council CEO that Bitcoin would eventually fall to zero. In his response, CZ said many people had made wrong calls on cryptocurrency in the past and added that understanding the sector takes time. He also said he could not be 100% sure that his own view was correct, noting that 「we are all human」. The World Gold Council CEO, in a recent interview, said his personal view was that Bitcoin would go to zero, while adding that his opinion was not based on Bitcoin being opposed to gold. The exchange highlights a familiar split between crypto supporters and critics, with CZ framing the issue as one of long-term understanding rather than certainty.
Binance founder Changpeng Zhao, or CZ, commented on Aug. 16 after the World Gold Council CEO said Bitcoin’s value would go to zero.
CZ said many people had made wrong judgments about cryptocurrency in the past and that the field takes time to understand. He added that he could not be 100% certain that his own view was right because 「we are all human」.
In a recent interview, the World Gold Council CEO said: 「My personal view on Bitcoin is that it will fall to zero, but that view is not because Bitcoin is against gold.」
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