#Gold and #silver just printed new highs again.#Crypto, for now, is moving sideways.If you’re watching both markets, don't forget that tokenized gold and silver are available on BitMart:💎 Gold: https://t.co/vzg4Gnk09o💎 Silver: https://t.co/WoNIqYOeFk https://t.co/KKlOtgOeBh ...

Missed the epic debate?@cz_binance vs. @PeterSchiff debating Bitcoin vs. tokenized gold in an exclusive panel at #BinanceBlockchainWeek.We've got the full video for you—watch now 👉 https://t.co/z8GaPxVH2R ...

CZ vs Schiff. Photo by BeInCrypto A fiery debate erupted at Binance Blockchain Week in Dubai on December 4, 2025, as gold advocate Peter Schiff squared off against Binance CEO Changpeng Zhao (CZ) over the future of money. The discussion centered on whether Bitcoin or tokenized gold better serves as a store of value, a medium of exchange, and a unit of account in today’s financial ecosystem. Peter Schiff Slams Bitcoin: Payments? They’re Just Liquidated Bets The conversation quickly turned heated as goldb ...

Core Insights - Changpeng Zhao (CZ), co-founder of Binance, anticipates that Bitcoin (BTC) and other digital assets will achieve "many more" all-time highs, ahead of a debate with Bitcoin critic Peter Schiff on December 4 at Binance Blockchain Week in Dubai [1][3]. Group 1: CZ's Predictions - CZ predicts a range of new all-time highs for Bitcoin and the broader crypto market, although he is uncertain about the exact timing [2][4]. - He has previously stated that "Bitcoin will flip gold," indicating a long-term bullish outlook for Bitcoin [5]. Group 2: Peter Schiff's Position - Peter Schiff, a prominent critic of Bitcoin, advocates for tokenized gold as a superior alternative, claiming it can fulfill the roles that Bitcoin promises but fails to deliver [7][8]. - Schiff emphasizes the importance of physical gold as a hedge and has built a reputation around promoting it through his company, Schiff Gold [7]. Group 3: Ideological Divide - The upcoming debate between CZ and Schiff underscores a significant ideological divide in the cryptocurrency space, with CZ supporting Bitcoin as a superior store of value and Schiff promoting tokenized gold [3][9]. - CZ has criticized tokenized gold products, arguing that they rely on trust in issuers rather than true on-chain verification, contrasting with his views on Bitcoin [11].

Core Insights - Binance founder Changpeng Zhao (CZ) criticized tokenized gold projects, labeling them as "trust me bro" tokens, which he argues compromise the principles of decentralization [1][7][8] - Peter Schiff, a proponent of gold, plans to launch his own gold-backed token while criticizing the prevalence of U.S. dollar-pegged stablecoins [2][3] Market Overview - The market capitalization of gold reached $30 trillion for the first time, driven by a shift towards more stable currencies amid economic uncertainty [3] - Gold-backed tokens have grown to nearly $3 billion in value, yet they remain a small segment of the overall market compared to the global stablecoin market, which exceeds $260 billion [4] Critique of Tokenized Gold - CZ argues that tokenized gold relies on third-party custodians, which undermines the decentralized nature of blockchain technology [5][6] - He emphasizes that tokenizing physical gold does not equate to being "on-chain," as it merely transfers trust from banks to private custodians [5][8] - The reliance on intermediaries is cited as a key reason why gold-backed tokens have not gained significant traction in the market [8]

Core Insights - The recent rise in gold prices has sparked interest in tokenized gold, but opinions are divided on its legitimacy and value [1][3] - Peter Schiff plans to launch a tokenized gold platform called Tgold, predicting it will capture market share from Bitcoin [2][3] - Critics, including former Binance CEO CZ, argue that tokenized gold is not true "on-chain" gold and relies on third-party trust [5][6] Group 1: Tokenized Gold Market - Tokenized gold is seen as a blend of technological innovation and traditional finance, yet some view it as an outdated concept [1] - The market capitalization of the tokenized gold sector exceeds $3.8 billion, indicating significant investor interest despite skepticism [8] Group 2: Expert Opinions - Schiff believes tokenizing real assets like gold enhances liquidity and value, contrasting it with the tokenization of non-valuable digital assets [3] - Financial analyst Shanaka Anslem Perera supports CZ's view, labeling tokenized gold as "the great custodial lie" and highlighting historical risks associated with third-party management [7]

Industry Opinion - The industry views tokenized gold as reliant on third-party trust for redemption, questioning its true on-chain nature [1] - The industry suggests the inherent trust issues may hinder the long-term success of "gold coins" or similar tokenized assets [1]

Market Trends - Tether is in discussions to raise capital for a public vehicle focused on accumulating tokenized gold [1] - A company closely linked to Bitmain, a major Bitcoin hardware manufacturer, is involved in the capital raising talks [1]

Overview - XAUt0 on Avalanche introduces a new layer of "gold"-powered finance [1] Use Cases - Users can save in tokenized gold as a hedge [2] - Tokenized gold can be integrated into DeFi strategies [2] - Users have the option to redeem digital gold for physical bullion [2]

Core Insights - Bitget has launched the Universal Exchange (UEX), aiming to unify cryptocurrency, tokenized assets, and traditional finance into a single trading platform [2][3][6] - The UEX addresses the fragmentation in the cryptocurrency industry, which has historically struggled to provide a comprehensive trading solution [1][3] Company Overview - Bitget is positioned as the largest Universal Exchange globally, surpassing competitors like Binance and eToro [3] - The CEO, Gracy Chen, emphasizes that UEX is the result of seven years of infrastructure development [3] Product Features - UEX offers direct access to over 100 tokenized U.S. equities and ETFs, including major companies like Apple and Tesla, with 24/7 trading and no gas fees [4][5] - The platform also includes tokenized ETFs and gold, expanding into real-world asset (RWA) tokenization [5][6] - Each stock token on Bitget is backed 1:1 and held in regulated custody, ensuring transparency and compliance [7] Technological Innovations - UEX incorporates AI-driven tools to simplify the trading experience and enhance user engagement [4][6] - A hybrid security model is implemented, featuring proof of reserves and on-chain checks to bolster user confidence [4][6] Regulatory Considerations - The regulatory landscape for tokenizing traditional assets is complex, but Bitget is focused on long-term compliance and transparency [7]