Loading market data...

CZ Mocks Peter Schiff After Supercut Shows 13 Years of Bitcoin Doom Calls

CZ Mocks Peter Schiff After Supercut Shows 13 Years of Bitcoin Doom Calls

Changpeng Zhao took a swipe at Peter Schiff on Monday after a viral supercut collected roughly 13 years of the gold advocate's Bitcoin obituaries into a single montage. The Binance founder's response was short: "He will be right one day… after he changes his mind." The clip ends with Schiff, on camera, conceding he can't explain what keeps Bitcoin afloat.

The supercut's closing admission

The final seconds are what did the numbers. Schiff notes Bitcoin trading around $81,800 and says he doesn't know what's holding it up, adding it "should be a lot lower than that." At press time Bitcoin was hovering near $82,500 — a gap of a few hundred dollars between his puzzlement and the market's answer.

The rest of the montage is a tour of predictions past. Schiff calls Bitcoin "tulip mania 2.0," a "pure Ponzi," and "digital fool's gold," and repeatedly forecasts a march to zero. The calls span price levels from about $355 in 2013 to more than $111,000 in 2025 — a range wide enough that the phrase "going to zero" starts to look less like a forecast and more like a habit.

ETFs, Strategy, and the crash calls

Some clips tie Bitcoin ETFs to what Schiff describes as one of the biggest Bitcoin crashes ever. In another, he argues BTC would crater if Strategy — the company formerly known as MicroStrategy — ever sold its coins. That's a conditional bet that has yet to be tested, at least on the selling side.

The video's real punch comes from compression. Thirteen years of confident predictions, stacked end to end, and the asset is still here. Schiff's defenders would say the timeline is the point — bubbles can run long. His critics would say the supercut is the point.

CZ's own gold bet

The jab lands in the middle of a running argument between the two men about which store of value wins. In September, CZ said Bitcoin could overtake gold in market value next cycle. That's a bolder claim than anything in the supercut, and it hasn't happened yet.

Schiff, for his part, hasn't softened. Last week he called the gold price slide a gift after hot inflation data, and he claims most stocks already sit in a bear market. The man is consistent, if nothing else.

What's left unresolved

The supercut doesn't settle anything — it just makes the disagreement easier to watch. Schiff's core question, the one he asks in the final clip, is genuinely unanswered: what is the floor under Bitcoin's price? CZ's answer is implicit in his post. The market's answer is whatever it prints next. Bitcoin near $82,500 is the current verdict, and Schiff will get another chance to be right or wrong the next time the price moves.