CZ mocks Peter Schiff, says he will be right about Bitcoin after changing his mind

Binance founder Changpeng Zhao shared a viral video compiling 13 years of Peter Schiff's Bitcoin crash predictions. In the compilation, Schiff repeatedly calls Bitcoin a Ponzi scheme and predicts it will go to zero, plotting his calls against Bitcoin's price from $355 in 2013 to over $111,000 in 2025. However, the video's final moments show Schiff admitting he cannot explain what keeps Bitcoin afloat, noting the price is around $81,800 and should be "a lot lower." Bitcoin is currently hovering near $82,500. CZ argues Bitcoin could overtake gold in market value, while Schiff maintains his gold-focused stance, recently calling a gold price slide a gift after hot inflation data.