At Binance Blockchain Week in Dubai, Binance founder CZ and gold advocate Peter Schiff engaged in a debate over the value foundations of Bitcoin versus tokenized gold. Both agreed that tokenized gold offers superior divisibility and transferability compared to physical gold. However, Schiff criticized Bitcoin as "unbacked" and primarily speculative, noting its purchasing power has declined relative to gold over the past four years. CZ countered by emphasizing Bitcoin's intrinsic value, supported by a global network, fixed supply, and verifiability, citing examples like crypto payment cards and cross-border payments as practical use cases. Schiff concluded by asserting that rising demand for precious metals will eventually overshadow crypto assets.