#BinanceBlockchainWeek #BTCvsGold
First of all, it should be stated that I naturally stand on the side of Bitcoin.
Whether it is Bitcoin or tokenized gold, they can be replaced by one word, which is token. Asset tokenization or tokens are just a form of asset interaction. As long as this asset is recognized by both parties in the transaction, it can be used for trading.
Bitcoin can be considered an initial token of web3.0, and its existence is a source of innovation. Unlike tokenized gold, the application scenarios of Bitcoin have been more widely verified; it has a close connection with web2 and can quickly realize interaction with real-world assets. However, the disconnection of tokenized gold from real assets is very high, and its response speed in relation to real assets is clearly not as fast as Bitcoin. This delayed information regarding real assets can cause significant inconvenience to both parties in the transaction and is very likely to result in substantial losses, as seen in the recent phenomenon of tokenized gold prices being inverted compared to real asset prices; its phase application is still weaker than Bitcoin. Therefore, Bitcoin is a more advantageous token than tokenized gold.
