Binance CEO compares Bitcoin's purchasing power with gold and silver

On December 30th, Binance CEO Richard Teng shared on X a chart comparing the amount of gold and silver that 1 Bitcoin could buy from 2010 to 2025. According to him, although silver is benefiting from the demand for electric vehicles, AI chips, and solar energy, Bitcoin is the “infrastructure of the future financial system.”

The chart shows that Bitcoin’s purchasing power surged significantly during periods of institutional capital inflows and loose monetary policies, outperforming gold and silver. Teng emphasized that Bitcoin should be viewed as a new financial standard, while gold and silver continue to serve as stable value storage and portfolio hedges.

BTC-0,59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)