Summary of CZ’s remarks at Bitcoin Asia 2026: Bitcoin’s next bull market could catch up to gold’s market cap—don’t view the industry as a zero-sum game
August 27, at Bitcoin Asia 2026 in Hong Kong, CZ said: It doesn’t take 25 years for Bitcoin to reach $1 million—it will happen faster. What’s most lacking today is practical implementation and real-world deployment, especially large-scale payments, as well as becoming a reserve asset for retirement pension funds. He believes Bitcoin will eventually be more important than gold. The current market-cap gap is only about tenfold, and the next bull market could potentially close that gap. He said the shift by major countries takes time because gold holdings and valuation mechanisms are already well established, but the direction is clear. Another very small possibility is that some better digital currency could surpass gold ahead of Bitcoin surpassing gold, but he thinks the probability is low.