👷🏻WHICH DO YOU THINK IS BETTER, BITCOIN OR TOKENIZED GOLD? 🪙

During the Binance Blockchain Week, the mentioned topic was debated in a heated exchange of ideas highly respected by both parties.

With an initial agreement that tokenized gold was superior to physical gold, advantages and disadvantages were debated more than between two important actors in the financial world, such as Cz and Peter Schiff.

• Peter Schiff:

defended the other tokenized as an evolution of the physical one, maintaining tangible backing, historical stability, and industrial uses, but eliminates frictions such as transport or divisibility thanks to blockchain. He criticized Bitcoin for being "backed by nothing," purely speculative, and with no utility beyond transferring it (even comparing it to fiat money).

•Cz:

Argued that Bitcoin is superior as "native digital gold": it is more verifiable (it can be checked in seconds without experts), it is portable, divisible, scarce (fixed limit of 21 million), and resistant to censorship. He highlighted that tokenized gold still depends on trusting issuers and custodians, while Bitcoin is pure code and decentralization. There was even a humorous moment when Cz handed a bar of gold to Schiff, and he admitted he could not verify if it was real without destructive testing.

There was no final winner or a conclusion declaring that one is absolutely superior to the other; it was an intense but respectful exchange of opinions.

What do you think about the debate?

Would you exchange Bitcoin for tokenized gold?

#BinanceBlockchainWeek and #BTCvsGold;