At that event in Dubai, a certain former exchange founder completely broke the defenses of the old-timers in the gold circle. He was holding a gold bar in his hand and asked everyone in the room: "You guys can't even tell if this thing is real or fake, so why do you think gold is a hard currency?"

On the spot, he clarified two things: first, he has no business dealings with a certain former president's family; second, he won't be returning to the daily management of that exchange in the short term. However, he also emphasized that the exchange and its public chain ecosystem are still moving forward at full speed, and the future is still worth looking forward to.

He also put forward a viewpoint: Bitcoin’s long-term rate of return can crush 99% of startup projects. The reason is simple—its total supply is capped at 21 million, global demand continues to grow, and under these supply and demand dynamics, its long-term value basically has no rivals.

The most exciting part was his direct confrontation with gold diehard Peter Schiff. Holding the gold bar, he asked, "Is this real gold?" The world-famous gold advocate was stunned for a long while and could only say, "I'm not sure." The whole room instantly fell silent—even the most steadfast believer in gold couldn't recognize the metal itself; the irony was off the charts.

In fact, the London Bullion Market Association has already given the answer: Want to verify gold’s authenticity 100%? The only way is the fire assay—literally melting it down to prove its purity. But what about Bitcoin? It can self-verify in seconds. No need to find experts or send it to a testing agency; it relies on mathematical encryption and a public ledger. 300 million users worldwide can check at any time, every transaction is transparently recorded on-chain, and forgery is simply impossible.

Even harsher is the fact that 5%-10% of the world’s physical gold is counterfeit. Whether it’s stored in vaults or held in your hand, in the end, you’re gambling on “trust.” Bitcoin, on the other hand, doesn’t require trust in anyone—it has built-in anti-counterfeiting mechanisms, with maximum security.

Gold currently boasts a $29 trillion market cap, supported by the belief “I think it’s valuable”; Bitcoin’s $1.8 trillion market cap is backed by the hard strength of “I can verify it myself.” When even the most hardcore gold supporters can’t tell real from fake, how can physical assets that can’t even be verified compete with digital assets that can self-verify every ten minutes?

Do you think the market cap gap between gold and Bitcoin will continue to widen in the future?