Zhao, better known as CZ, sparked widespread discussion after posting a simple but confident statement on X: “Bitcoin will flip gold. Might take some time, but it will happen.” The remark reignited a familiar debate about whether digital scarcity could eventually outshine one of humanity’s oldest stores of value.

Gold currently dominates the global asset leaderboard, with an estimated $30 trillion in market capitalization. Bitcoin, valued around $2.2 trillion and trading near $110,000, still has a long climb ahead – but advocates say the momentum is shifting.

Analyst Ben Todar described Bitcoin as “the next evolution of money,” noting its speed, transparency, and borderless nature as clear advantages over a physical asset. “Gold belongs to the analog world; Bitcoin is for the internet age,” he said.

Support for CZ’s vision also came from SkyBridge Capital’s Anthony Scaramucci, who told CNBC that Bitcoin could eventually reach $1.5 million and stand shoulder to shoulder with gold in total market value. Scaramucci compared the current moment to the early 2000s tech boom, suggesting that widespread institutional adoption – fueled by BlackRock’s ETF – could drive the next major revaluation.

“Young investors are already making their choice,” Scaramucci said. “For them, Bitcoin isn’t an alternative to gold – it’s the default.” He praised Bitcoin’s endurance through regulatory pressure and market crashes, calling it “a survivor that refuses to die.”

Not everyone is convinced. Longtime gold advocate Peter Schiff fired back, arguing that crypto’s growing obsession with gold reflects insecurity, not dominance. “Gold remains the real threat,” he said. “Bitcoin’s story depends on comparing itself to gold, but gold doesn’t need the comparison.”

Despite the contrasting opinions, the discussion highlights a deeper shift in perception: the old guard of tangible wealth preservation versus the digital-native generation embracing decentralized value. Whether Bitcoin can truly dethrone gold remains uncertain – but if CZ is right, the countdown to that financial flip has already begun.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Bitcoin Is the Future, Gold Is the Past – Says Binance Founder appeared first on Coindoo.

---

Filed under: Bitcoin - @ October 21, 2025 4:00 am