Changpeng \u201cCZ\u201d Zhao made headlines earlier this week after stating Bitcoin (BTC) will reach $1 million, and that the climb will not take 25 years.<\/p>\n
\u201cI think for Bitcoin to hit $1,000,000 would be a good thing. And it\u2019ll happen,\u201d the former Binance CEO said on the conference\u2019s Nakamoto Stage, in a video clip posted by Bitcoin Magazine, which is owned by conference organizer BTC Inc.<\/p>\n
\u201cI don\u2019t think we need 25 years. I think it\u2019s gonna happen much quicker.\u201d<\/p>\n
Zhao spoke during \u201cThe Bitcoin Century,\u201d a session moderated by When Shift Happens host Kevin Follonier on the opening day of the two-day event at the Hong Kong Convention and Exhibition Center.<\/p>\n
\u201cFor sure, I think Bitcoin will become more important than gold. It will take some time, but it will happen.\u201d<\/p>\n
He put gold\u2019s market capitalization at about ten times Bitcoin\u2019s and said sovereign reserve allocations will eventually tilt toward digital assets, with Bitcoin making up more than 50% of strategic crypto holdings alongside Ethereum (ETH) and BNB.<\/p>\n
CZ SAYS: \u201cI THINK #BITCOIN<\/a> WILL TAKE OVER GOLD PRETTY SOON\u201d<\/p>\n \u201cFor sure, I think Bitcoin will become more important than gold.\u201d <\/p>\n \u201cIt will take some time, but it will happen.\u201d <\/p>\n THE BULL RUN IS BACK! pic.twitter.com\/lqsZUnF0Fv<\/a><\/p>\n \u2014 The Bitcoin Conference (@TheBitcoinConf) August 27, 2026<\/a><\/p>\n\n Bitcoin closed below $65,000 on August 18 and $79,000 on August 28, per Coin Metrics data, still well below its October 2025 peak of over $126,000. But CryptoQuant said in an August 25 report that Bitcoin may be entering<\/a> a new bull-market phase, with its Bull Score index climbing to 80 from 30, and put confirmation at a daily close above the 365-day moving average near $83,000.<\/p>\n South China Morning Post reported that the remarks drew applause and cheers from a large crowd, against what it described as a lingering crypto slump with capital and talent moving toward artificial intelligence.<\/p>\n Zhao also called the UAE\u2019s crypto rules \u201cthe most progressive\u201d and said Hong Kong was \u201cmoving pretty quickly.\u201d He claimed \u201ca tiny bit of advocacy\u201d in the UAE\u2019s recognition<\/a> of Bitcoin as a store of value.<\/p>\n Zhao pleaded guilty to a US anti-money-laundering charge in 2023, served a four-month sentence in 2024, and received a presidential pardon from Donald Trump in October 2025. He returned to the US in February for a Mar-a-Lago crypto event hosted<\/a> by Trump-family-backed World Liberty Financial.<\/p>\n The post Changpeng Zhao Believes Bitcoin at $1M Is Coming \u2018Much Quicker\u2019 Than 25 Years<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Changpeng \u201cCZ\u201d Zhao made headlines earlier this week after stating Bitcoin (BTC) will reach $1 million, and that the climb will not take 25 years. \u201cI think for Bitcoin to hit $1,000,000 would be a good thing. And it\u2019ll happen,\u201d the former Binance CEO said on the conference\u2019s Nakamoto Stage, in a video clip posted […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-219933","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219933"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=219933"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219933\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=219933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=219933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=219933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Rally Runs Into an $83,000 Test<\/h2>\n