Changpeng Zhao, the founder of Binance, recently expressed his concern that major world powers like the United States and China are printing large amounts of money, which could drive sovereign governments to buy Bitcoin in massive quantities.
Zhao emphasized that as fiat currencies continue to lose value due to excessive printing, countries may shift toward cryptocurrencies, especially Bitcoin, as a more reliable store of value.
Massive Money Printing Sparks Interest in Crypto
Zhao highlighted that both the US and China are aggressively expanding their monetary supply. As more money enters circulation, the purchasing power of traditional currencies weakens. Governments and institutions looking to protect their assets may see Bitcoin as a safer alternative that can hold its value over time.
The Binance founder predicts that trillions of dollars might enter the crypto space in the near future. He pointed out that this isn’t just speculation from individual investors, ot’s driven by a deeper, systemic interest in crypto from institutional actors and potentially even governments. The financial strategies of these nations are now moving beyond traditional bonds and gold toward digital assets that offer transparency, scarcity, and decentralization.