Founder: Binance’s Bitcoin could outperform gold in the upcoming bull run
Changpeng Zhao (CZ), founder of the Binance platform, said that Bitcoin may become more important than gold, expecting the precious metal to be surpassed during the upcoming bull run.
The Binance founder explained, at the Asia Bitcoin Conference, that governments may need years to shift their current systems based on valuing and holding precious metals toward relying on Bitcoin.
This comes despite the fact that gold’s market value currently stands at about 10 times Bitcoin’s market value.
#BinenceSquare #بايننس
Changpeng Zhao (CZ), founder of the Binance platform, said that Bitcoin may become more important than gold, expecting the precious metal to be surpassed during the upcoming bull run.
The Binance founder explained, at the Asia Bitcoin Conference, that governments may need years to shift their current systems based on valuing and holding precious metals toward relying on Bitcoin.
This comes despite the fact that gold’s market value currently stands at about 10 times Bitcoin’s market value.
#BinenceSquare #بايننس