"The Binance founder has agreed to debate the outspoken economist and gold advocate after Schiff publicly challenged him to a "Bitcoin versus tokenized gold" discussion. The exchange follows Schiff's announcement that he's launching his own blockchain-based gold product - and CZ's sharp critique that such tokens are "not truly on-chain." "As much as you voice against Bitcoin, you are always professional and nonpersonal," CZ told Schiff on X today."
"Schiff recently said that he's building a tokenized gold platform and neobank, with a blockchain token called Tgold at its core. 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-chain. Schiff argues that tokenized gold could provide a stable, asset-backed alternative to Bitcoin's volatility, serving as both a medium of exchange and store of value."
Changpeng "CZ" Zhao agreed to debate Peter Schiff on a Bitcoin versus tokenized gold topic after Schiff challenged him publicly. Schiff is building a tokenized gold platform and neobank centered on a blockchain token called Tgold. The platform aims to let users buy physical gold via a mobile app, store it in secure vaults, and transfer or redeem holdings digitally. Schiff promotes tokenized gold as "real money for the digital age" and as an asset-backed, less volatile alternative to Bitcoin. CZ criticized tokenized gold as reliant on third-party custodians and "not truly on-chain." The exchange coincided with a full pardon granted to CZ.
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