Key points
- CZ (Changpeng Zhao) has accepted Peter Schiff’s public debate challenge.
- The debate is scheduled to take place during Binance Blockchain Week in Dubai, December 3–4, 2025 (event anchored to Binance’s Dubai programming).
- Topic: Bitcoin (native digital asset) vs tokenized gold (gold-backed tokens and related infrastructure).
- CZ has criticized tokenized gold as relying on custodians, calling it effectively an IOU, which frames the core dispute.
- The debate may influence institutional interest in real-world assets (RWAs) and public perception of Bitcoin.
Dubai Blockchain Week 2025 debate
Binance founder Changpeng “CZ” Zhao has publicly accepted Peter Schiff’s challenge to debate Bitcoin versus tokenized gold at Binance Blockchain Week in Dubai this December. The matchup promises a clear clash of worldviews: Bitcoin proponents who argue for digital, decentralized money versus gold advocates who emphasize physical, time-tested stores of value.
Why the CZ Binance debate December 2025 matters
This debate matters because it puts two influential voices on one stage to reframe how mainstream audiences think about money and on-chain value. CZ represents exchange infrastructure and the broader crypto adoption narrative, while Peter Schiff speaks for a strong segment of traditional investors and gold advocates. Their exchange will sharpen questions about custody, trust, and what “on-chain” ownership really means.
Who’s on stage
CZ (Changpeng Zhao)
Binance’s founder and public face brings platform experience and a pro-crypto adoption stance. He has recently pushed back on tokenization models that he says still rely on centralized custody.
Peter Schiff
A long-time gold bull and prominent Bitcoin critic, Schiff has announced plans to launch tokenized-gold products and has invited public debate to defend gold’s role in a diversified store-of-value landscape.

What is tokenized gold
Tokenized gold refers to digital tokens that claim backing by physical gold or gold instruments. Those tokens promise easier transfer, fractional ownership, and on-chain settlement mechanics, but they frequently introduce custodial and redemption dependencies that differ from native crypto assets. The technical and legal structures behind tokenized gold will be a major point of contention during the debate.
Key technical question
Is tokenized gold “on-chain ownership,” or is it a tradable IOU dependent on off-chain custodians and audits? CZ’s recent remarks described some tokenized offerings as essentially trust-based IOUs — a line likely to be tested on stage.
Expected debate themes and talking points
- Store of value — Schiff will argue gold’s centuries-long track record; CZ will defend Bitcoin’s scarcity and digital properties.
- Custody and redemption — tokenizers promise gold-backing, while critics highlight counterparty risk and redemption mechanics. Expect probing of audit practices and reserve proof.
- Regulation and classification — will tokenized gold be treated like commodities, securities, or something else? The Dubai setting may invite regional regulatory perspective.
- Adoption and market impact — institutional flows could shift depending on which narrative gains traction. Analysts will watch trading volumes and on-chain flows after the debate.
This public face-off at Binance Blockchain Week Dubai on Dec 3–4, 2025 frames a timely argument about what counts as “real” on chain. Whether you’re a trader, investor, or content creator, the debate will produce quotable moments, movement in narratives, and a clearer picture of how tokenized RWAs compare to native crypto assets. Prepare your angles, cite real-time reporting, and aim to translate the technical points into trading and portfolio implications for readers.
Read Also: Bitcoin vs Gold: Can BTC Recover After Gold’s Record High in 2025?
Disclaimer!! The information provided by CryptopianNews is for educational and informational purposes only. It should not be considered financial or investment advice. Cryptocurrency markets are highly volatile and speculative, and investing in them carries inherent risks. Readers are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
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