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Binance's CZ dismisses Schiff's new gold-backed token as crypto pretender

Changpeng Zhao, better known as CZ, has dismissed Bitcoin-hating Peter Schiff's new gold-backed token as another centralized product pretending to be crypto. In a post on X, the former Binance CEO said Schiff's tokenized gold was "not on-chain gold," describing it instead as a "trust-me-bro" token, a digital promise that still depends on a middleman [...]

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