Bitcoin Critic Peter Schiff Challenged On Stage: Can He Tell Whether A Gold Bar Is Real?

Bitcoin Critic Peter Schiff Challenged On Stage: Can He Tell Whether A Gold Bar Is Real?

Binance founder Changpeng Zhao on Thursday playfully confronted prominent Bitcoin (CRYPTO: BTC) Peter Schiff at the Blockchain Week event, challenging Schiff on stage to verify whether a $70,000 gold bar is real or not. Zhao Uses A Gold Bar To Highlight Bitcoin's Verification Advantage Zhao presented Schiff with a sealed 1,000-gram bar from Kyrgyzstan and asked him to verify whether it was authentic, to which Schiff admitted that he could not de…

Peter Schiff and CZ Clash In High-Profile Gold vs Bitcoin Showdown

Gold bug Peter Schiff and Binance founder Changpeng Zhao (CZ) have faced off in a widely anticipated debate over the utility of gold and Bitcoin (BTC).

How Much Is a Gold Bar Worth?

The value of a gold bar depends on the current spot price of gold. At current market rates, one troy ounce of gold is worth $4,233. Meanwhile, a gold bar typically weighs roughly 32 troy ounces (2.2 lbs or 1 kg), which means that a single gold bar is worth approximately $135.45. The above scenario describes the most common type of gold bar known as a “kilobar.” However, there are several different types of gold bars traded on the market, along w…

Bitcoin Vs Gold: CZ Wins Schiff In Dubai Debate

The energy of the debate changed with the gold-bar moment from CZ and reinforced the argument of Bitcoin against gold in a persuasive manner. Peter Schiff was not able to successfully argue against the portability and verifiability of BTC. There is now a definite preference for Bitcoin as hard-money discussions keep changing globally.  Binance co-founder CZ won a resounding victory in the much-hyped Dubai debate against Peter Schiff, which attra…

The Big Debate at Binance Blockchain Week 2025: Bitcoin vs. Tokenized Gold

Dubai, UAE, 04 December 2025 – Binance Blockchain Week 2025 featured one of its most highly anticipated events: a spirited debate between Changpeng Zhao (CZ), founder of Binance and Giggle Academy, and Peter Schiff, Senior Economist and Founder of Euro Pacific Asset Management and Schiff Gold. The debate centered on a pivotal question facing investors, institutions, and policymakers worldwide: which asset represents the future of sound money, Bi…