Bitcoin Eclipses Gold as Pantera CEO Declares ’Digital Gold the New Standard’ at TOKEN2049
Move over, Fort Knox—crypto just bulldozed the gold standard. Pantera Capital CEO Dan Morehead dropped the mic at TOKEN2049 with a bold claim: Bitcoin and digital assets are now outperforming ancient shiny rocks as stores of value.
The Numbers Don’t Lie
While gold bugs cling to their vaults, BTC’s 10-year ROI (1,200%+) laughs at bullion’s sluggish 60% gain. Institutions are voting with their wallets—BlackRock’s IBIT holdings now exceed most central banks’ gold reserves.
The Cynic’s Corner
Wall Street’s sudden love affair with crypto? Probably just FOMO now that even boomers realize 8% inflation turns gold bars into fancy paperweights.
One thing’s clear: When the suits start calling Bitcoin ‘digital gold,’ it’s not a metaphor—it’s a surrender.