‘Gold is Difficult to Verify’: CZ Pokes Bitcoin Critic Peter Schiff
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Key Notes One X user pointed out that the Fort Knox gold reserve audit is still stalling. Changpeng Zhao responded, stating that gold is difficult to verify. He tagged Peter Schiff, suggesting a jab at the recognized Bitcoin critic. Binance founder Changpeng ‘CZ’ Zhao has come at popular Bitcoin (BTC) critic Peter Schiff with a strong argument against gold. In a November 8 post on X, the crypto pioneer stated plainly that the traditional metal asset is “difficult to verify.” His statement comes as questions arose on X about the stalled 2025 Fort Knox audit push. What Happened to the Fort Knox Gold Audit? There appear to be discussions regarding the verifiability of gold reserves in comparison to the transparency of digital assets like Bitcoin. An American X user pointed out the lack of progress on auditing the United States’ gold reserves at Fort Knox. Precisely, he asked, “What ever happened to the audit at Fort Knox?” and to this, CZ responded, “Gold is difficult to verify.” He tagged Peter Schiff to this post, suggesting a possible jab. Schiff is a well-known gold advocate and economist who seizes every opportunity to slam the flagship cryptocurrency Bitcoin. Then, on one hand, is CZ, who believes that Bitcoin could surpass gold in the future. Gold is difficult to verify, @PeterSchiff 😆 — CZ 🔶 BNB (@cz_binance) November 8, 2025 The US Treasury’s gold reserves reportedly total 261.5 million troy ounces, with 147.3 million ounces stored at Fort Knox. Some sources claim that the last time this reserve saw a comprehensive audit was way back in 1953, about 72 years ago. There have been periodic calls for transparency, but until this day, no full audits have been made. Tokenized Gold is Not Physical Gold CZ’s jab is likely aimed at pointing out gold’s lack…
Filed under: News - @ November 8, 2025 11:33 am