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“Backed by Nothing?” Inside the Epic Bitcoin Battle Between Changpeng Zhao and Peter Schiff

Summary by crypto.news
CZ and Peter Schiff spar over Bitcoin and tokenized gold, exposing a deeper fight about utility, trust, and what really backs the money of the future. Binance’s latest headline debate is not really about metal versus code or Bitcoin. It…
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In the heated exchange, the Binance co-founder and Schiff clashed over their views on Bitcoin and gold. Read more

Although there was minimal agreement on the tokenization of gold, the differences between the speakers jumped by touching on issues associated with Bitcoin, its properties and its benefits for users. *** Peter Schiff and Changpeng Zhao had the much-anticipated debate announced weeks ago. Zhao defended Bitcoin’s global utility as digital money. Schiff assured that BTC has no support and is mere speculation. The debate revolved around value, scarc…

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DiarioBitcoin broke the news in on Thursday, December 4, 2025.
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