CZ critiques Peter Schiff’s tokenized gold as a ‘trust me’ asset

Changpeng Zhao criticized Peter Schiff’s tokenized gold as a “trust me bro” asset during a recent social media post, emphasizing its dependence on third-party arrangements rather than being true on-chain gold.

Peter Schiff insists that Bitcoin lacks intrinsic value, forecasting it will drop to zero, while predicting a significant sovereign debt crisis and a shift back to a gold standard for global currencies.

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