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Changpeng Zhao jabs Peter Schiff who stuck to bitcoin at $0: \'He will be right one day\'

Binance founder Changpeng Zhao (CZ) publicly mocked longtime bitcoin sceptic Peter Schiff after Schiff acknowledged it is unlikely bitcoin will fall to $0 while maintaining an extreme bearish outlook. Zhao reacted on X to a compilation of Schiff’s past comments and wrote, “He will be right one day... after he changes his mind.” The article recounts Schiff’s repeated predictions since 2011 and his warnings of a potential collapse even as bitcoin rose above $100,000 in 2024.