Yesterday in Dubai, @CZ showed Peter Schiff a gold bar.
CZ only asked one question: "Is this real?"
Schiff's response was: "I don't know."
The London Bullion Market Association confirms that there is only one way to 100% accurately verify gold: the fire assay method. It must be melted down and destroyed to prove its authenticity.
However, Bitcoin can self-verify in seconds. No experts, no laboratories, and it is not destroyed. This is a public ledger protected by mathematical principles, and 300 million people worldwide can audit it simultaneously from anywhere.
For five thousand years, the scarcity of gold has been its value. But if its authenticity cannot be proven, scarcity is meaningless.
There is another unmentioned number:
Gold counterfeiting affects 5% to 10% of the global physical gold market. Every vault, every gold bar, every transaction relies on trust.
Bitcoin does not need to trust anyone.
Gold market cap: $29 trillion, based on "trust me."
Bitcoin market cap: $1.8 trillion, based on "self-verify."
When the world's most famous gold advocates cannot personally verify the authenticity of gold, this argument is self-evident.
Physical assets that cannot prove their existence will have a currency premium lower than digital assets that can prove their existence every ten minutes, every block, forever.
The question is no longer "Is Bitcoin real money?"
The question is: "Has gold ever been verifiable money?"
Keep a close eye on institutional fund flows. Reconfiguration has begun.
What you saw yesterday was not a debate.
This is a funeral.
