Binance founder Changpeng Zhao (CZ) said Bitcoin could eventually surpass gold as a strategic reserve asset for countries. Speaking in a fireside chat published by Bitcoin Magazine on August 28, 2026, he argued that Bitcoin’s long-term advantages are significant, though the transition may take many years because existing valuation and custody systems are built around gold.
CZ highlighted that the main hurdle is not Bitcoin itself, but the established infrastructure surrounding gold, which will take time to shift. The remarks, circulated by crypto commentator @WuBlockchain, come as investors reassess how Bitcoin may fit alongside traditional reserve assets.
The prediction adds to a broader narrative of rising institutional and sovereign interest in Bitcoin. While any shift is likely to be gradual, the discussion could influence market sentiment and intensify debate over Bitcoin’s role in global reserves.
