After watching the debate on "Bitcoin vs Tokenized Gold" at Binance Blockchain Week, I tend to see both as complementary assets rather than as mutually exclusive competitors.
Bitcoin is like the "king of scarcity" that started from scratch in the digital world, with a fixed total supply of 21 million coins, not relying on any institution, enabling global trading on a network, and making cross-border transactions fast and convenient, especially suitable for those pursuing financial freedom and able to accept high volatility. On the other hand, tokenized gold is more like a "digital upgrade for traditional heavyweights," with each token corresponding to real physical gold, retaining gold's properties as a hedge against inflation and a stabilizing asset while solving the issues of physical gold being hard to divide and inconvenient to trade, allowing ordinary people to invest with just a few hundred bucks, and its volatility is much lower.
The core difference between the two lies in the source of trust: Bitcoin relies on technological consensus, while tokenized gold depends on the integrity of custodial institutions. For ordinary investors, there's no need to struggle with which one to choose; treating Bitcoin as a high-potential allocation and tokenized gold as a stable hedge can actually balance both returns and safety. The discussion among the guests in this debate about "complementary rather than competitive" really resonated with me～
