Changpeng Zhao (CZ), founder of Binance, has responded to Peter Schiff's persistent criticism of Bitcoin. In a recent post on X (formerly Twitter), CZ stated that Schiff "accurately identifies problems with the monetary system" but unfortunately "views Bitcoin only as a speculative asset." CZ attributes Schiff's limited perspective to a lack of direct experience, adding, "This is because he has never actually used Bitcoin." This follows Schiff's claim that the "claim that Bitcoin is digital gold is delusional," predicting a future sell-off of Bitcoin holdings. While Schiff is a well-known advocate for gold and critic of fiat currencies, his understanding of Bitcoin's utility and potential as a decentralized, censorship-resistant form of money seems limited. CZ's response highlights the importance of practical experience in evaluating the technology. The debate about Bitcoin's value and role in the future of finance continues. ```