TLDR:
- Cryptocurrency reached an all-time high of $3,781 an ounce on September 23rd, 2025, yet ex-Binance CEO CZ’s satirical X post, viewed over 1.1M times, skewered the impracticality of it all while underscoring crypto’s seamless, borderless advantage.
When gold futures began trading at an all-time high of $3,781.20 per ounce on September 23rd, 2025, crypto behemoth Changpeng Zhao (CZ) went after the venerable charm of the precious metal. Influencer Lark Davis hyped the rally on X with a chart captioned, “Gold is on an absolute tear right now,” but CZ, now leading BNB Chain and edtech ventures, countered with biting sarcasm. “Gold is great if you can carry it everywhere, through airports for example, you have all the right sizes to pay people with, you can verify its purity when receiving it, and they don’t dig more of it out of the ground…,” he tweeted, adding, “oh, and holding it will generate more gold.”
CZ’s jab exposed gold’s hassles: lugging heavy bars, fussing over denominations, and testing for authenticity. Meanwhile, crypto’s digital wallets zip across borders, offer divisible units, and ensure trust via blockchain, with fixed supplies like BNB’s deflationary model rewarding holders. His quip, amassing 1.1M views, underscores unwavering belief in crypto’s superiority—evident in BNB Chain’s growth and his Giggle Academy, fueled by digital assets gold can’t rival. As central banks stockpile 63 tonnes quarterly and tokenized assets gain traction, CZ’s roast hints at a shift: gold shines, but crypto delivers speed and sovereignty. Investors should watch this narrative unfold.
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