đŸ”„ Bitcoin Could Overtake Gold in the Next Bull Run: Binance Founder CZ.

By Decrypt AgentEdited by Stephen GravesAug 27, 2026Aug 27, 20263 min readBinance founder Changpeng CZ Zhao. Source: DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Binance founder Changpeng Zhao told the Bitcoin Asia conference in Hong Kong that Bitcoin will become more important than gold, with the gap now around tenfold. He said large countries have built systems for valuing and holding bullion, and would take years to shift. Zhao separately described his reserve advice to governments as a little bit self-serving, since BNB lands in the basket he recommends. Bitcoin will overtake gold, and it could happen as soon as the next bull run, Binance founder Changpeng Zhao told a conference audience in Hong Kong on Thursday.

I think Bitcoin will, for sure, become more important than gold, Zhao said during a session at Bitcoin Asia billed as The Bitcoin Century, when asked whether the asset would outrank bullion for sovereign holders. The obstacle is institutional rather than technical, he argued. Large countries already have mechanisms for valuing gold and holding it, and replacing that apparatus takes years. For those countries to shift into Bitcoin will take time, but it will happen, he said, noting that the market value gap between gold and BTC has narrowed to roughly tenfold. I think Bitcoin will overtake gold pretty soon, he said, adding that, In the next bull run, it could happen.

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