From Ponzi Scheme to Payment Reality: How CZ Defends BitcoinDescription

From Ponzi Scheme to Payment Reality: How CZ Defends Bitcoin Description:On December 4, 2025, at Binance Blockchain Week in Dubai, Peter Schiff denounced Bitcoin as a “300-million-person Ponzi scheme,” yet admitted that gold payments are currently unfeasible, relying on a fantasy of “2% weekly inflation” to force merchant acceptance. CZ countered immediately, arguing that recent drops in gold prices are even more damaging to merchants, while Bitcoin has already achieved “silent payments” on the user side. Addressing fears of a price crash, CZ asserted that fiat purchasing power fluctuates constantly and “stablecoins” are a misnomer, because “there is nothing stable in this world.” Source: https://youtu.be/HVWgGbBPPcs #bitcoin #stablecoin #cz