Changpeng “CZ” Zhao and Peter Schiff are supposed to take their long-running debate to the stage.
The Binance founder agreed to debate the outspoken economist and gold advocate after Schiff Challenge him publicly To the “Bitcoin vs. Tokenized Gold” discussion.
This exchange comes on the heels of Schiff’s announcement that he will be launching his own blockchain-based gold product – the CZ Sharp criticism That such codes “don’t really exist in the chain.”
“As much as you speak against Bitcoin, you are always professional and impersonal,” CZ told Schiff on X Today. “I appreciate that. I can have a discussion about it.”
Schiff later responded: “Sure. Several people have already reached out to me offering moderation. Do you have any preference?”
All of this discussion comes hours after President Donald Trump granted Changping Zhao a full pardon. President Trump said Czechoslovakia was “not guilty” and was “persecuted by the Biden administration.”
Chef’s Gold Premium Offer for Bitcoin
Chef recently He said He is building a gold token platform and a neobank, using a blockchain token called Tgld In essence.
The product will reportedly allow users to purchase physical gold through a mobile app, store it in secure vaults, and transfer or redeem it digitally.
Schiff describes it as “real money for the digital age” – physical gold represented on the chain.
This all comes amid a multi-year gold rally, with prices reaching a record high of $4,380 an ounce earlier this month before settling near $4,128 at the time of writing.
Schiff argues that tokenized gold could provide a stable, asset-backed alternative to the volatility of Bitcoin, serving as a medium of exchange and store of value.
Czechoslovakia responds: “It’s the ‘Trust Me Bro’ code.”
Czechoslovakia wasted no time in responding.
On X, it is Named Token gold is a “trust me bro” token, arguing that such assets depend on external custodians – precisely the type of centralized trust structures that Bitcoin is designed to eliminate.
“Tokenizing gold is not gold ‘on the chain,’” CZ wrote. “It’s symbolic to trust that a third party will give you gold later — perhaps decades later, during a war, after administration changes, etc.”
His comments reflect a view shared by cryptocurrency fundamentalists: that true digital ownership requires self-custodialism and verifiable scarcity — attributes that bitcoin has, but gold tokens do not.
At the time of writing, there is no agreed upon or set time for the discussion between Schiff and Czechoslovakia.
The post Bitcoin Or Gold? Changpeng Zhao And Peter Schiff To Debate first appeared on Investorempires.com.
