Bitcoin to Hit $1M, Surpass Gold Value, Says Binance Founder CZ

Binance founder Changpeng 'CZ' Zhao believes Bitcoin will hit $1 million per coin sooner rather than later. Speaking at this year's Bitcoin Asia, CZ said that achieving this price target would be a good thing and that it will happen.

CZ expressed his optimism about the future of Bitcoin, stating that it will become more important than gold as countries realize its value. He noted that large counties will eventually adopt Bitcoin, just like they have with other emerging technologies such as AI.

The Binance founder warned that countries that don't use Bitcoin will lose out on its benefits, likening the decision to not adopting AI technology. He emphasized that missing out on Bitcoin is 'dangerous' and that it's better for countries to make the move to shift into Bitcoin.