đ¨ GOLD HAS A BIG PROBLEM!!!
At an event in Dubai 3 days ago, Peter Schiff held up a gold bar on stage.
CZ asked him one simple question:
âAre you sure itâs real?â
Schiffâs response?
âI donât know.â
And thatâs the whole issue.
According to the London Bullion Market Association, the only way to confirm a gold bar with complete certainty is through fire assay, literally melting it down.
You have to destroy the asset to prove itâs authentic.
Meanwhile, Bitcoin verifies itself instantly.
No machines. No experts. No labs.
Just math, cryptography, and a ledger that anyone on Earth can audit in real time.
Gold has always sold itself on âscarcity.â
But scarcity doesnât matter if you canât prove the thing is genuine without melting it.
Hereâs the part nobody wants to talk about:
5â10% of the global gold market is estimated to be counterfeit.
Bars filled with tungsten. Fake refinery stamps. Paper claims backed by⌠nothing.
Every vault and every transaction relies on trust, trust in a refiner, a custodian, a middleman.
Bitcoin relies on none of that.
Gold market cap: $29 trillion, built on âtrust the system.â
Bitcoin market cap: $1.8 trillion, built on âverify for yourself.â
This isnât old money vs. new money.
Itâs manual verification vs. automated truth.
When the loudest gold advocate on Earth canât authenticate a bar heâs holding, the problem isnât Schiff, itâs the asset.
Physical commodities that canât prove their authenticity are going to lose monetary premium to digital assets that can prove themselves every 10 minutes, forever.
The debate isnât âIs Bitcoin money?â
The real question is:
âWas gold ever verifiable money in the first place?â
Watch where institutions move next.
The rotation has already started.
It wasnât a panel discussion.
It felt like a eulogy.#BTCVSGOLD
