CZ Warns About the Collapse of Fiat, Predicts Trillions Will Flow Into Bitcoin

Binance founder Changpeng Zhao (CZ) believes that countries will soon rush into Bitcoin as fiat weakens. According to CZ, the relentless money printing by governments—especially the United States and China—is pushing traditional currencies into a state of instability. He emphasizes that countries will ultimately seek refuge in digital assets. Bitcoin stands out due to its transparency, scarcity, and decentralized nature. Moreover, Zhao believes that the interest of institutions and governments in Bitcoin is currently stronger than ever. This shift reflects a deeper financial transformation. It’s no longer just individual investors speculating. CZ stated that trillions of dollars could soon flow into the cryptocurrency market. He emphasized that governments are looking beyond traditional stores of value like gold and bonds. Instead, they are eyeing cryptocurrencies to protect long-term assets. Fiat Inflation Drives Bitcoin Adoption Zhao explained that the increase in global liquidity weakens the purchasing power of fiat currencies. As countries expand their money supply, inflation will reduce the ability to preserve wealth. Therefore, Bitcoin seems more appealing. Besides providing decentralization, it also acts against inflation due to its limited supply. Moreover, Zhao noted that the aggressive monetary strategies of superpowers could trigger a global shift. He pointed out that Bitcoin serves as a hedge against excessive monetary expansion. Many institutions today recognize the potential of cryptocurrency as a reliable store of value. Therefore, it is not surprising that the adoption of Bitcoin may soon surge. CZ Criticizes WSJ for Misleading Statements However, CZ also reacted strongly to a recent article by the Wall Street Journal. The article accused him of supporting World Liberty Financial (WLF) in overseas activities. The article claimed that CZ acted as a “fixer” in WLF’s international transactions. Zhao denied all allegations, calling the article biased and misleading. Moreover, he revealed that the WSJ had contacted with a list of erroneous questions. Binance’s public relations team flagged several mistakes and unfounded claims in the article. Nevertheless, the story was still published. CZ affirmed that he had no role in any meetings or agreements related to WLF. He clarified that he first met Mr. Saqib in Pakistan during this visit. Therefore, he cannot propose or coordinate any discussions with WLF. Furthermore, CZ emphasized that Saqib and WLF had an existing relationship prior. He stressed that the article overlooked important events and did not meet journalistic standards.