The chief executive officer of a leading US-based CEX, Brian Armstrong, recently publicly stated that Bitcoin is superior to gold as a currency and a store of value. This view quickly sparked widespread discussion in the cryptocurrency market. As the helm of the world’s largest compliant crypto trading platform, his statement is seen by many investors as a strong endorsement of Bitcoin’s long-term value.
Armstrong pointed out that in the digital age, Bitcoin has several structural advantages over gold. First, Bitcoin can be transferred rapidly worldwide via the internet, whereas gold incurs high costs and low efficiency in storage, transportation, and cross-border circulation. Second, Bitcoin is highly divisible, with the smallest units precise to multiple decimal places, making it more suitable for daily transactions and asset allocation, while gold faces obvious limitations in practical division and circulation.
Additionally, he emphasized Bitcoin’s transparency and verifiability. Operating on a public blockchain network, Bitcoin allows anyone to verify its total supply, transfer records, and issuance rules without relying on banks or intermediary trust. This feature is particularly attractive to investors amid rising global financial uncertainties.
From a macro perspective, Armstrong’s view reflects the ongoing strengthening of the “digital gold” narrative in the current market. As inflationary pressures, excessive money issuance, and geopolitical risks increase, more institutions and individuals are beginning to see Bitcoin as a hedge against inflation and currency devaluation. The comparison between Bitcoin and gold has also become an important long-term keyword in crypto asset allocation.
The market responded positively to this statement, with the crypto community generally believing that Bitcoin is gradually shifting from a highly volatile speculative asset to a more consensus-driven global store of value. Despite regulatory and technological challenges still existing, industry key players, including mainstream CEXs, are continuously reinforcing Bitcoin’s role in the future financial system.
Overall, with increasing institutional adoption and the development of compliant products like Bitcoin ETFs, whether Bitcoin can surpass gold in the long term remains to be seen. However, it is certain that Bitcoin, as the “gold of the digital age,” has become an important asset that global investors cannot ignore.
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Brian Armstrong explicitly states that Bitcoin is superior to gold, and BTC is heading towards a new generation of global value storage
The chief executive officer of a leading US-based CEX, Brian Armstrong, recently publicly stated that Bitcoin is superior to gold as a currency and a store of value. This view quickly sparked widespread discussion in the cryptocurrency market. As the helm of the world’s largest compliant crypto trading platform, his statement is seen by many investors as a strong endorsement of Bitcoin’s long-term value.
Armstrong pointed out that in the digital age, Bitcoin has several structural advantages over gold. First, Bitcoin can be transferred rapidly worldwide via the internet, whereas gold incurs high costs and low efficiency in storage, transportation, and cross-border circulation. Second, Bitcoin is highly divisible, with the smallest units precise to multiple decimal places, making it more suitable for daily transactions and asset allocation, while gold faces obvious limitations in practical division and circulation.
Additionally, he emphasized Bitcoin’s transparency and verifiability. Operating on a public blockchain network, Bitcoin allows anyone to verify its total supply, transfer records, and issuance rules without relying on banks or intermediary trust. This feature is particularly attractive to investors amid rising global financial uncertainties.
From a macro perspective, Armstrong’s view reflects the ongoing strengthening of the “digital gold” narrative in the current market. As inflationary pressures, excessive money issuance, and geopolitical risks increase, more institutions and individuals are beginning to see Bitcoin as a hedge against inflation and currency devaluation. The comparison between Bitcoin and gold has also become an important long-term keyword in crypto asset allocation.
The market responded positively to this statement, with the crypto community generally believing that Bitcoin is gradually shifting from a highly volatile speculative asset to a more consensus-driven global store of value. Despite regulatory and technological challenges still existing, industry key players, including mainstream CEXs, are continuously reinforcing Bitcoin’s role in the future financial system.
Overall, with increasing institutional adoption and the development of compliant products like Bitcoin ETFs, whether Bitcoin can surpass gold in the long term remains to be seen. However, it is certain that Bitcoin, as the “gold of the digital age,” has become an important asset that global investors cannot ignore.