In a recent interview, gold bull Peter Schiff once again directly refuted the claim that "Bitcoin is digital gold." He believes that what truly deserves this title is tokenized gold—an asset form that circulates on the blockchain but is backed by physical gold.

In the interview, he brought up CZ again , stating that CZ handed him a kilogram gold bar and emphasized that Bitcoin's advantage lies in its "instant verification capability." Schiff countered that tokenized gold also possesses instant verification capabilities because it also operates on a blockchain, and the underlying logic is essentially the same.

This debate is not just a war of words. In recent days, Binance has launched USDT-margined perpetual contracts for gold and silver, bringing "hard assets" back to the center of the crypto trading system. One emphasizes decentralized consensus assets, while the other advocates on-chain representation with physical pegs.

The market is still voting on who truly deserves the title of "digital gold" through trading volume.