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CZ Responds to WGC CEO: Many Have Misjudged Crypto

Binance co-founder Changpeng Zhao rebutted World Gold Council CEO’s claim that Bitcoin will eventually go to zero, citing historical misjudgments against crypto. He emphasized the resilience of digital assets despite ongoing skepticism from traditional finance leaders.

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AI take

The exchange itself is the story: a gold-industry body and a crypto figure trading predictions about Bitcoin's survival, with each side's credibility staked on the other being wrong. That a gold advocate frames Bitcoin as heading to zero, rather than merely as a rival allocation, suggests the competition for the same store-of-value demand is being taken seriously. Whether that skepticism from traditional finance softens or hardens is the open question.

Generated by AI for reference only.

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