CZ Says Peter Schiff Will Be Right About Bitcoin One Day. There’s a Catch

Binance founder Changpeng Zhao (CZ) mocked gold advocate Peter Schiff on Monday. A viral supercut had stitched together years of Peter Schiff Bitcoin doom calls. “He will be right one day… after he changes his mind,” CZ wrote. The supercut runs nearly three minutes. However, its final seconds deliver the real punchline, as Schiff admits he cannot explain what keeps Bitcoin (BTC) afloat. How 13 Years of Bitcoin Insults Ended in a Shrug A Bitcoin commentator shared the compilation on X. According to the post, the clips span the last 13 years of Schiff’s TV and podcast appearances. Throughout the video, Schiff calls Bitcoin “tulip mania 2.0,” a “pure Ponzi,” and “digital fool’s gold.” He also predicts again and again that it will go to zero.

First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.