Today (August 27), “Bitcoin Asia 2026” officially opened at the Hong Kong Convention and Exhibition Centre. Binance founder Changpeng Zhao (CZ) attended and delivered a keynote speech titled “The Bitcoin Century.” Below is a summary of the core points of his speech:
🚀 Bitcoin price: the million-dollar milestone will arrive sooner
CZ said plainly that he does not believe Bitcoin needs to wait 25 years to reach $1,000,000—it will happen much faster than expected. But he emphasized that what matters more than the price is utility—Bitcoin payments need to be adopted at scale and become a reserve asset for retirement pension funds.
🥇 Surpassing gold: Bitcoin will become a more important asset
CZ believes Bitcoin will certainly become more important than gold. The gap between the two is currently only about 10x, and the next bull cycle may close it. He suggested that countries, in addition to holding USD reserves, allocate the top five cryptocurrencies by market cap as reserves.
🏛️ Government and regulation: Bitcoin is neutral
CZ said Bitcoin itself does not weaken or strengthen government power; what matters is the government’s own choices. He also noted that the real risk for a country is not using Bitcoin.
🌐 RWA and tokenization: the key to attracting traditional capital
CZ stressed that tokenized assets are beneficial to Bitcoin and to the entire industry. He gave an example of how it is difficult for many Asians to open accounts for U.S. stocks, and pointed out that stock tokenization can lower the barrier to entry—bringing more people into the crypto market and exposing them to Bitcoin.
🤝 Industry ecosystem: diversified growth supports each other
CZ believes that if the industry had only Bitcoin, progress would be much slower. Different segments reinforce one another—those who learn about Bitcoin will also learn about other blockchains, and those who enter through stock tokenization will eventually pay attention to Bitcoin as well.
🇭🇰 Hong Kong and Web3: a powerful pairing
CZ said Hong Kong and Web3 are a strong combination. Hong Kong has unique advantages in financial technology talent and institutional connections, and is clearly competitive in the Web3 finance space.
$BTC $ETH
#比特币升破8万美元创三月新高
🚀 Bitcoin price: the million-dollar milestone will arrive sooner
CZ said plainly that he does not believe Bitcoin needs to wait 25 years to reach $1,000,000—it will happen much faster than expected. But he emphasized that what matters more than the price is utility—Bitcoin payments need to be adopted at scale and become a reserve asset for retirement pension funds.
🥇 Surpassing gold: Bitcoin will become a more important asset
CZ believes Bitcoin will certainly become more important than gold. The gap between the two is currently only about 10x, and the next bull cycle may close it. He suggested that countries, in addition to holding USD reserves, allocate the top five cryptocurrencies by market cap as reserves.
🏛️ Government and regulation: Bitcoin is neutral
CZ said Bitcoin itself does not weaken or strengthen government power; what matters is the government’s own choices. He also noted that the real risk for a country is not using Bitcoin.
🌐 RWA and tokenization: the key to attracting traditional capital
CZ stressed that tokenized assets are beneficial to Bitcoin and to the entire industry. He gave an example of how it is difficult for many Asians to open accounts for U.S. stocks, and pointed out that stock tokenization can lower the barrier to entry—bringing more people into the crypto market and exposing them to Bitcoin.
🤝 Industry ecosystem: diversified growth supports each other
CZ believes that if the industry had only Bitcoin, progress would be much slower. Different segments reinforce one another—those who learn about Bitcoin will also learn about other blockchains, and those who enter through stock tokenization will eventually pay attention to Bitcoin as well.
🇭🇰 Hong Kong and Web3: a powerful pairing
CZ said Hong Kong and Web3 are a strong combination. Hong Kong has unique advantages in financial technology talent and institutional connections, and is clearly competitive in the Web3 finance space.
$BTC $ETH
#比特币升破8万美元创三月新高