Regarding the debate on #BTCvsGold , my position is very clear: although gold has an irreplaceable position in history, in the digital age and future, Bitcoin (BTC) is the superior value storage asset.
Tokenized Gold, while addressing some liquidity and storage issues of traditional gold, still fundamentally relies on third-party custody and the trust mechanisms of traditional financial systems. It is merely a digital certificate of "gold" and not a true innovation.
Bitcoin, on the other hand, represents a paradigm shift:
1. Scarcity and Verifiability: The hard cap of 21 million Bitcoins is secured by code, and its scarcity is more transparent and verifiable than any gold mine.
2. Decentralization and Censorship Resistance: Bitcoin operates independently of any government or financial institution, possessing strong censorship resistance, which is particularly important in today's geopolitical environment.
3. Portability and Divisibility: Carrying and transferring billions of dollars in Bitcoin requires only remembering a set of mnemonic phrases; its divisibility (with the smallest unit being a Satoshi) far surpasses physical gold.
Gold is the value storage of the "past", while Bitcoin is the value storage of the "future". In the context of increasing macroeconomic uncertainty, I choose the more disruptive, more liquid, and transparently issued digital gold—Bitcoin.
