🔸 CZ (Changpeng Zhao), the CEO of Binance, is comparing gold to another type of asset (which in the context of his account, likely refers to cryptocurrencies, specifically Bitcoin).

The key phrase is "It's not against gold, but it's not a limited supply asset."

This means that while CZ is not saying that gold is bad, he is pointing out a fundamental difference between gold and certain digital assets like Bitcoin.

- Gold is a finite natural resource, but its exact amount on Earth is not precisely known, and there is always the possibility that new reserves may be discovered. Therefore, although its extraction is limited by work and cost, its supply is not mathematically fixed.

- In contrast, Bitcoin has a maximum total supply coded into its protocol of 21 million coins. Once that limit is reached, no more Bitcoins can be created. This is a fundamental feature that many consider an advantage, as scarcity can help preserve or increase value in the long term.

So what is CZ trying to say ❓

"I have nothing against gold as an asset, but an important difference is that gold does not have a predefined maximum and limited amount as certain digital assets do (implicitly, Bitcoin and other cryptocurrencies with limited supply)."

My analysis of CZ is that the real scarcity of certain cryptocurrencies is their key value.