CZ Predicts $1 Million Bitcoin Sooner Than 25 Years at Bitcoin Asia 2026

At the Bitcoin Asia 2026 conference in Hong Kong, Binance founder Changpeng Zhao (CZ) expressed confidence that Bitcoin will reach a price of $1 million sooner than the commonly speculated 25 years. During a fireside chat titled 'The Bitcoin Century,' CZ highlighted the importance of utility in driving Bitcoin's value, stating that mass adoption for payments and inclusion in retirement and pension funds are crucial steps.

He believes that the necessary infrastructure for this growth could be established within the next decade. Notably, recent developments, such as the U.S. Treasury's plans to double its liquidity-support buyback operations and the potential for Bitcoin to be included in 401(k) plans, indicate a shifting landscape for cryptocurrency adoption.

CZ also reiterated his view that Bitcoin will surpass gold in importance, arguing that countries that fail to adopt Bitcoin risk falling behind in technological advancements. He compared the situation to the rise of artificial intelligence, warning that neglecting Bitcoin could be detrimental.

As of now, Bitcoin's market cap stands at approximately $1.6 trillion, significantly lower than gold's estimated $32 trillion. However, CZ's optimistic outlook suggests that with the right developments, Bitcoin's price could see substantial growth in the near future.