#比特币对比代币化黄金 In the 2025 RWA boom, one question is becoming increasingly pressing: between $BTC and tokenized gold, which is truly more suited to be the "value anchor of the digital age"?

Let's start with Bitcoin. With a capped supply of 21 million, global 24/7 trading, and institutions entering en masse through ETFs—the core of this system is "rules set by algorithms, ownership set by private keys." You don’t need to trust any third party; the truth is on-chain. If you want censorship resistance and inflation protection, then BTC, as a native digital asset, is as solid as it gets.

Now, look at tokenized gold. Each token is backed by real gold bars, stored in Swiss vaults and audited by third parties, bringing gold’s millennia-old safe haven status directly onto the blockchain. The key is that it enables fractional investment—you can buy in with just tens of dollars and even put it into DeFi protocols to earn yield. For the risk-averse, this is the perfect combo of “physical security + blockchain flexibility.”

But where’s the fundamental conflict? The trust models are completely opposite. BTC is “I trust no one, only the code.” Tokenized gold is “I trust custodians and audit reports.” It’s not about right or wrong; it’s about whether you’re willing to pay a premium for technical consensus or prefer the certainty of physical assets.

The radicals will say algorithmic consensus is the future; the conservatives believe tangible gold is more secure. What about you? Which side are you on?