Bitcoin

Gold

While many financial experts and crypto investors <a href="https://www.newsbtc.com/bitcoin-news/bitcoin-to-surpass-gold-silver/" rel="nofollow noopener" target="_blank">believe</a> that Bitcoin could potentially surpass gold as a universal <a href="https://bitcoinist.com/bitcoin-will-beat-gold-as-store-of-value/">store of value</a>, renowned economist and global strategist, <a href="https://bitcoinist.com/still-this-high-says-economist-bitcoin-below-39000/">Peter Schiff</a> has consistently contrasted BTC’s potential with that of gold, asserting that the cryptocurrency pales in comparison.&nbsp; 
<h2 id="schiff-champions-gold-over-bitcoin">Schiff Champions Gold Over Bitcoin</h2> 
In a series of X (formerly Twitter) posts, Schiff elaborates on his stance <a href="https://www.newsbtc.com/news/bitcoin/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead/" rel="nofollow noopener" target="_blank">advocating gold as a better investment alternative to Bitcoin</a>, the world’s largest cryptocurrency. The financial economist also disclosed a notable disparity in the <a href="https://bitcoinist.com/bitcoin-outperforms-gold-etfs-drive-market-surge-anticipated-rise-for-polkadots-main-ai-competitor/">price of Bitcoin as compared to Gold</a>.&nbsp; 
According to Schiff, BTC recently <a href="https://x.com/peterschiff/status/1775000459851215167?s=46" rel="nofollow" target="_blank">experienced</a> a price decrease of more than $3,000 in “10 minutes,” indicating a 4.5% decline in its overall price value. He stated that this decrease would be equivalent to a $100 decline in gold within the same time frame.&nbsp; 
While highlighting <a href="https://bitcoinist.com/bitcoin-hater-peter-schiff-scoffs-at-rally/">BTC’s price drop</a>, Schiff revealed that gold was outperforming, demonstrating a modest uptick and poised for further gains. <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-isnt-digital-gold/" rel="nofollow noopener" target="_blank">The economist</a> also <a href="https://x.com/peterschiff/status/1774775495583744127?s=46" rel="nofollow" target="_blank">emphasized</a> a lack of transparency in platforms like CNBC, alleging that the business channel was a “paid promoter of Bitcoin.” 
He revealed that CNBC had “once again” ignored gold’s recent record high, asserting that the network was dedicated to promoting <a href="https://www.newsbtc.com/news/bitcoin/goldman-bitcoin-is-world-best-performing/" rel="nofollow noopener" target="_blank">BTC</a>, possibly contributing to its price pump. Moreover, Schiff disclosed that the failure of the Bitcoin to gold ratio to reach an all-time high underscores <a href="https://www.newsbtc.com/news/bitcoin/why-goldman-sachs-expects-this-asset-class-to-outperform-bitcoin/" rel="nofollow noopener" target="_blank">Bitcoin’s limited potential compared to gold.&nbsp;</a> 
The renowned economist <a href="https://x.com/peterschiff/status/1774468467917193625?s=46" rel="nofollow" target="_blank">argued</a> that Bitcoin’s inability to make a new high in relation to gold undermines its case for being a <a href="https://bitcoinist.com/cathie-wood-hails-bitcoin-as-digital-gold/">digital gold</a>, potentially hinting that the cryptocurrency is not fit to serve as the <a href="https://bitcoinist.com/vaneck-ceo-declares-bitcoin-unbeatable/">ultimate digital store of value</a>. He has consistently lauded gold’s value and potential, <a href="https://x.com/peterschiff/status/1774647068931375612?s=46" rel="nofollow" target="_blank">disclosing</a> earlier on April 1 that the precious metal is set for significant returns, potentially catching investors and banks off guard.&nbsp; 
<h2 id="financial-expert-says-buy-more-btc">Financial Expert Says Buy More BTC</h2> 
While Schiff <a href="https://bitcoinist.com/peter-schiff-advises-bitcoin-holders-to-swap-asset/">dissuades the crypto community members from investing in Bitcoin</a>, Robert Kiyosaki, the author of best best-selling novel ‘Rich Dad Poor Dad,’ has <a href="https://x.com/therealkiyosaki/status/1773568731635200395?s=46" rel="nofollow" target="_blank">urged</a> investors and crypto enthusiasts to acquire the valuable digital asset.&nbsp; 
In a recent X post, Kiyosaki advised the broader crypto community to purchase real <a href="https://bitcoinist.com/finance-guru-bitcoin-perfect/">Bitcoin</a>, highlighting the lack of value in fiat currencies like the dollar and Chinese Yen. The financial author’s perspective of BTC’s is a clear contrast to that of <a href="https://bitcoinist.com/peter-schiffs-shocking-confession-about-bitcoin/">Schiff, who has constantly criticized the cryptocurrency</a> and undermined its value in relation to gold.&nbsp; 
Despite the rivalry between the two valuable assets, Bitcoin’s current price remains high at $66,537, while gold’s price is up at $2,261.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/cZlojswv/" alt="Bitcoin price chart from Tradingview.com" width="3286" height="1530">

Is Bitcoin Better Than Gold? Not Everyone Agrees

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Bitcoinist

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