Changpeng Zhao predicts Bitcoin will surpass gold and advises nations to allocate to the top 5 cryptocurrencies by market capitalization.

According to ME News, on August 27 (UTC+8), Foresight News reported live from the Bitcoin Asia 2026 conference in Hong Kong, where Changpeng Zhao stated that many countries misunderstand Bitcoin, viewing it as a risky asset, when in fact, not using Bitcoin is far more dangerous—just as failing to invest in AI technology today poses a genuine risk to any nation. Regarding strategic reserves, he said Bitcoin will undoubtedly become more important than gold; while large-scale national transitions take time, this trend is inevitable. He believes it is highly unlikely that any other digital asset will emerge as superior to Bitcoin and overtake it before Bitcoin surpasses gold. Bitcoin will soon surpass gold, as the current valuation gap is only about tenfold—and this could happen within the next bull market. On reserve allocation recommendations, he typically advises countries to allocate reserves beyond the U.S. dollar according to the market capitalization weights of the top five cryptocurrencies (excluding stablecoins), as this is the simplest and most market-driven approach. Bitcoin typically accounts for over 50% of this allocation, Ethereum 10%–20%, and assets like BNB are also included. (Source: Foresight News)