Gold reached new highs above $3,500, sparking Peter Schiff's claim that gold is money, criticizing the US dollar’s decline. Schiff warned that the gold rally signals the end of the dollar’s dominance, with gold up 31% YTD and the USD down 9%. Despite this, the crypto community questions gold's role as "money" due to its limited use in payments, unlike Bitcoin. Schiff’s comments have stirred debate, with some arguing that Bitcoin’s role in transactions makes it more suitable as "digital gold." The narrative of gold versus Bitcoin continues to evolve.