The expected debate between the founder of Binance, Changpeng Zhao (CZ), and the defender of gold since long ago, Peter Schiff, will take place today at 5:25 p.m. m. IST during the actual Binance Blockchain Week 2025 in Dubai, lo que marca uno de los momentos más importantes en la conversación en curso sobre el futuro del dinero.
Investors, traders and industry observers have been anxiously waiting for this exchange, while both parties are preparing to present markedly contrasting points of view on whether Bitcoin or tokenized gold offer a more solid monetary base in an increasingly digital financial world.
Two competing visions are exploring how to shape the future of digital money
Bitcoin presents itself as a decentralized store of value with a fixed supply, while tokenized gold aims to modernize a centuries-old asset through blockchain technology.
While CZ argues that Bitcoin is superior to gold in terms of scarcity, portability, and regulatory resistance, Schiff has positioned tokenized gold as the most reliable digital form of hard currency.
Ahead of the debate, CZ added a lighter tone to the buildup by posting on X that he was “feeling a little nervous debating Peter Schiff” and joked that Bitcoin has so many advantages over gold that the conversation “should be so easy.” He concluded by saying he hoped not to “mess things up,” a comment that sparked humor throughout the community and amplified interest in the event.
The debate arrives at an important moment. Bitcoin and tokenized gold are both attracting institutional attention, albeit for different reasons. While tokenised gold appeals to investors who value physical backing but want the accessibility of blockchain-based assets, Bitcoin is increasingly viewed as a global digital settlement layer.
The debate could impact how traditional and digital asset classes are perceived together, as real-world asset tokenization is gaining traction.
Schiff’s earlier debate with Jack Mallers provides useful context. Schiff argued that Bitcoin lacks inherent value because it is not physical and claimed that its divisibility weakens its scarcity.
Mallers countered that value is not defined and that Bitcoin has better monetary qualities than gold, which has historically failed due to centralization, as it has an absolute supply and is free from intermediaries.
Offering a broader perspective on the sector, Mudrex CEO Edul Patel stated, “Bitcoin has already established itself as a decentralized, accessible, and censorship-resistant digital store of value. At the same time, tokenized real-world assets, such as gold, release liquidity by enabling greater blockchain adoption.”