[CZ Bitcoin Asia 2026 Speech Summary: Bitcoin Market Cap Could Catch Up to Gold in the Next Bull Market, Industry Shouldn't Be Viewed as a Zero-Sum Game] BlockBeats News, August 27: CZ stated at Bitcoin Asia 2026 in Hong Kong that Bitcoin reaching $1 million won't take 25 years—it will happen faster. What is currently lacking is practical adoption, especially in large-scale payments and its role as a reserve asset for retirement pensions. He believes Bitcoin will ultimately become more important than gold. The current market cap gap is roughly tenfold, and the next bull market could close that gap. Transitioning for major nations will take time, as gold's holding and valuation mechanisms are already well-established, but the direction is clear. There is also a very small possibility that a better digital currency could surpass Bitcoin before Bitcoin overtakes gold, but he considers this probability very low. From an investment logic perspective, CZ believes the industry shouldn't be viewed as a zero-sum game: RWA (Real World Assets) and stock tokenization will feed back into Bitcoin. Asians face challenges buying U.S. stocks due to accessibility and time zone differences. Tokenization opens the gateway to U.S. stocks, allowing users to first enter crypto platforms and then more easily gain exposure to Bitcoin, enabling a two-way flow of funds. The same applies to multi-chain ecosystems—if there were only Bitcoin, industry development would be slower. Innovations on chains like Ethereum and BNB Chain will ultimately be absorbed by Bitcoin, which remains the largest market cap, most decentralized, and long-term reserve asset. He suggests countries establish crypto reserves, issue national stablecoins, and tokenize assets like rare earths, real estate, and intellectual property to attract cross-border capital. Regarding the next bull market hotspots, CZ explicitly stated he cannot predict them. The ICO boom of 2017 and the subsequent NFT craze were only clear in hindsight. Currently, he sees RWA and AI as the strongest trends, while stablecoins, centralized and decentralized exchanges, meme tokens, and DeFi will continue to grow. NFTs may also return in some form. The integration of AI and crypto will likely start with stablecoins and then extend to Bitcoin and other tokens. AI companies might issue "data center tokens" to build computing power. In terms of adoption sequence, AI-powered trading will precede AI-powered payments, as trading requires real-time information and automated order execution.