Why Bitcoin Could Overtake Gold, According to Cathie Wood

Cathie Wood believes Bitcoin’s decentralized nature makes it a stronger asset than gold in the digital era.Jerome Powell compares Bitcoin to digital gold, emphasizing its role as a store of value in a growing market.
CEO of ARK Invest, Cathie Wood, has underlined once more her conviction that Bitcoin has more value and relevance than gold. The expected appointment of Paul Atkins as the U.S. Securities and Exchange Commission (SEC) new chairman fuels her hope.
Renowned for his crypto-friendly approach, Atkins is expected to create a legal climate that supports creativity in the digital asset market.
Given the difficulties Gary Gensler’s current regulatory environment presents, Wood sees this as a chance for Bitcoin to confirm its place as a pillar of the global financial ecosystem.
Bitcoin: A Digital Gold for the Modern Era
Complementing this story, recent remarks made by Federal Reserve Chairman Jerome Powell have attracted more interest in the possibilities of Bitcoin.
Emphasizing its function as a store of value rather than a direct rival of the U.S. dollar, Powell likened BTC to a digital form of gold.
Given the gold market’s valuation of about $15 trillion and Bitcoin’s current market cap of around $2 trillion, the discrepancy highlights Bitcoin’s early growth stage.
Many institutional investors share Powell’s recognition of Bitcoin’s growing relevance as a major actor in the financial scene.
According to Wood, in the digital era, Bitcoin is a better substitute for gold because of its limited availability and distributed character.
Under Atkins’s guidance, the increasing institutional acceptance and legal certainty are expected to drive significant growth for Bitcoin.
Moreover, Wood emphasizes that Bitcoin is a revolutionary financial tool since its natural qualities fit the changing needs of a digital-first global society.
The recent surge in Bitcoin’s value, surpassing the $100,000 barrier for the first time, demonstrates its increasing velocity. Analyzes credit this milestone on Powell’s comments as well as the expected legislative change under Atkins.
These events have not only raised investor confidence but also positioned Bitcoin as a more solid rival to conventional assets like gold.
For Wood, these elements support her belief that the development narrative of Bitcoin is merely starting.
Previously, CNF noted Wood claimed Bitcoin might become a strong competitor to gold as a safe-haven investment during turbulent times for the economy.
She underlined Bitcoin’s exceptional performance throughout the financial crisis and its long-term upward tendency compared to gold.
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The New Gold? A Decade-Long Transformation Awaits! 🚀✨
In a bold prediction, Bernstein has declared that Bitcoin is set to dethrone gold as the premier "store of value" asset within the next decade. 🌟 This assertion comes on the heels of Bitcoin's remarkable surge, recently surpassing the $100,000 milestone for the first time ever. This significant achievement not only marks a new chapter for the cryptocurrency but also positions it as a serious contender to replace gold in the global economy. 💰
1️⃣ A Bright Future Ahead: Analyst Gautam Chhugani expresses unwavering confidence in Bitcoin's potential, forecasting that it could reach an astonishing $200,000 by late 2025. His conviction goes beyond mere market fluctuations, suggesting that Bitcoin is evolving into a long-term investment that institutional investors are increasingly embracing. 📈
2️⃣ Wall Street's Embrace: The growing acceptance of Bitcoin among Wall Street investors and corporations is noteworthy. The launch of Bitcoin spot ETFs has led to an impressive accumulation of around $100 billion, making them the fastest-growing ETFs in history. This surge in interest reflects a broader trend of buy-and-hold strategies gaining traction across the financial landscape. 🏦
3️⃣ Corporate Treasury Strategies: Companies like MicroStrategy are leading the charge with aggressive Bitcoin treasury strategies, holding over $40 billion of the cryptocurrency on their balance sheets. This trend is prompting other firms to consider similar approaches, further solidifying Bitcoin's position as a viable asset for corporate treasury management. 🏢
4️⃣ Regulatory Support: The evolving regulatory environment is also playing a crucial role in Bitcoin's ascent. Updated guidelines from the Financial Accounting Standards Board are making it easier for corporations to hold Bitcoin, paving the way for increased adoption. This regulatory clarity is expected to drive fresh demand from corporate treasuries, with MicroStrategy and other companies at the forefront of this movement. 📜
5️⃣ The Gold Comparison: Traditionally, gold has been the go-to asset for global reserves due to its finite supply, which tends to boost its value over time. However, Bitcoin shares a similar characteristic, with a maximum supply capped at 21 million tokens. This inherent scarcity positions Bitcoin as a compelling alternative to gold, especially as investors seek new avenues for wealth preservation. 🪙
6️⃣ Political Perspectives: Some analysts on Wall Street even speculate that the U.S. government may embrace Bitcoin's attributes as a store of value. There are calls for the Trump administration to consider establishing a national Bitcoin reserve, with suggestions that the government could acquire more Bitcoin by selling Fed-held gold certificates. This potential shift could further legitimize Bitcoin in the eyes of traditional investors. 🇺🇸
As Bitcoin continues to gain traction and recognition, its evolution into a buy-and-hold institutional asset class could significantly impact gold's role in international finance. The landscape of value storage is changing, and Bitcoin is at the forefront of this transformation. 🌍💎$DOT $GALA $HIVE
In conclusion, the next decade promises to be pivotal for Bitcoin as it seeks to establish itself as the new gold. With increasing institutional adoption, regulatory support, and a growing belief in its long-term value, Bitcoin is poised to redefine what it means to be a "store of value" in the modern economy. 🌈💪
#BitcoinVsGold #CryptoRevolution #FutureOfFinance

At the Bitcoin MENA 2024 conference in Dubai, Binance co-founder Changpeng “CZ” Zhao shared his vision for Bitcoin’s future. During a panel discussion, he emphasized that Bitcoin should be viewed not as a separate asset but as regular money.
“We shouldn’t call it Bitcoin—it’s just money,” Zhao stated, expressing confidence that cryptocurrency adoption will grow significantly in the coming years.
CZ stressed that the official recognition of Bitcoin at the government level would inevitably lead to an increase in its value. This growth, he explained, is based on the fundamental principles of supply and demand. Currently, only 5–10% of the global population owns Bitcoin, but this number is expected to grow exponentially.
“We haven’t yet crossed the critical threshold, which is usually around 20%. However, in the coming years, Bitcoin will achieve broader adoption—50%, 70%, or even 100%. Although, this process might take several generations,” CZ noted.
A key highlight of his speech was the comparison of Bitcoin to gold. Zhao believes that Bitcoin’s market capitalization will eventually surpass that of gold, which is currently estimated at approximately $18 trillion. This shift, he suggested, could drive the price of a single Bitcoin to between $850,000 and $921,000.
“Bitcoin outperforms gold in many aspects. Its limited supply, ease of use, and convenience of storage make it a much more versatile asset. Over time, it will become the leading tool for preserving and transferring value,” Zhao explained.
Zhao’s remarks came amid growing discussions in El Salvador about Bitcoin-related legislation. Reports suggest that the country’s government is working on easing regulatory requirements for using Bitcoin as an official currency to attract additional funding from the International Monetary Fund.
Meanwhile, analysts at Bitwise predict that Bitcoin could reach a value of $200,000 by the end of 2025. If the United States adopts a strategic Bitcoin reserve policy, the price could exceed $500,000. By 2029, Bitcoin is expected to surpass gold in market capitalization.

#Bitcoin #ChangpengZhao #BitcoinMENA2024 #CryptoNews #BitcoinVsGold

In the ever-evolving landscape of global finance, a seismic shift is underway. Mike Novogratz, CEO of Galaxy Digital, has made a bold proclamation that could redefine our understanding of monetary value: Bitcoin is poised to overtake gold's market capitalization within the next five to eight years.
This prediction is not mere speculation but a carefully calculated projection rooted in tangible market dynamics. Bitcoin has already achieved a remarkable milestone, capturing 14% of gold's massive $18 trillion market value. The cryptocurrency's recent surge to an all-time high of $108,000 has propelled its market capitalization to $2.2 trillion, a figure that significantly challenges the $3.15 trillion in gold reserves held by global central banks.
The momentum behind Bitcoin's rise is driven by a confluence of institutional interest and changing financial perceptions. U.S.-based Bitcoin ETFs have become a powerful testament to this transformation, now managing $130 billion in assets—marginally surpassing gold ETFs. BlackRock's iShares Bitcoin ETF (IBIT) has emerged as a standout performer, attracting $36 billion in net inflows and outpacing traditional gold investment vehicles.
Even the most traditional financial institutions are beginning to recognize Bitcoin's potential. Federal Reserve Chair Jerome Powell's recent characterization of Bitcoin as a "digital version" of gold marks a significant moment of acknowledgment. While Powell maintains that Bitcoin remains a speculative asset, his remarks signal a growing legitimacy for the cryptocurrency in mainstream financial discourse.
Historically, gold has been the unassailable standard for storing value, particularly during economic uncertainties. However, Bitcoin presents compelling advantages that challenge this long-standing paradigm. Its limited supply, unprecedented portability, and increasing global adoption make it an increasingly attractive alternative to traditional precious metal investments.
The macroeconomic landscape further amplifies Bitcoin's appeal. Ongoing global economic uncertainties, coupled with institutional endorsements from major financial players like Galaxy Digital and BlackRock, are accelerating the cryptocurrency's journey from a speculative asset to a recognized store of value.
What makes Novogratz's prediction particularly compelling is the fundamental transformation it represents. This isn't just about financial numbers, but a profound reimagining of how we conceptualize and store value in an increasingly digital world. Bitcoin represents more than an investment—it's a technological and financial innovation that challenges centuries-old monetary conventions.
The implications extend beyond mere market capitalization. As Bitcoin continues to gain institutional credibility, it's reshaping investor perceptions and challenging traditional notions of wealth preservation. Its decentralized nature, combined with robust blockchain technology, offers a level of transparency and security that traditional assets struggle to match.
Critics will undoubtedly point to Bitcoin's inherent volatility and speculative nature. Yet, the cryptocurrency has demonstrated remarkable resilience, consistently bouncing back from market corrections and maintaining an upward trajectory that defies traditional economic models.
As we stand on the cusp of this potential financial revolution, Novogratz's prediction feels less like a wild forecast and more like an inevitable progression. The next decade may well witness Bitcoin transforming from a controversial digital token to a mainstream store of value, challenging gold's millennia-long dominance.
The story of Bitcoin is ultimately a narrative about technological innovation, financial democratization, and the continuous evolution of how human societies understand and exchange value. Whether you're a crypto enthusiast or a traditional investor, one thing is becoming increasingly clear: the financial landscape is changing, and Bitcoin is leading the charge.
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