💰 My Opinion: Bitcoin vs. Gold Debate
The debate between CZ and Peter Schiff perfectly captured the core clash. For me, the question is: Is Bitcoin a trustless future, or just a speculative bubble?
CZ’s Point: Bitcoin’s real value is its utility. It’s easily portable and borderless, making it superior to physical gold. Crucially, it requires no third-party trust, unlike tokenized gold.
Schiff’s Point: Schiff hit hard with data. Despite massive hype (ETFs, corporate adoption), Bitcoin lost 40% of its value against gold since its peak. He argues this confirms BTC is purely speculative, lacking gold's reliable, intrinsic demand.
My Take: While Schiff provided a powerful, data-backed warning about recent price risk, CZ's defense of Bitcoin's technological superiority and censorship resistance holds weight for the future. Ultimately, they debate two different valuation systems—one based on tangible history, the other on digital potential.
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