Market Cap: $2.7569T 0.190%
Volume(24h): $57.4309B -31.930%
  • Market Cap: $2.7569T 0.190%
  • Volume(24h): $57.4309B -31.930%
  • Fear & Greed Index:
  • Market Cap: $2.7569T 0.190%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83931.447171 USD

1.34%

ethereum
ethereum

$1923.919637 USD

1.45%

tether
tether

$1.000099 USD

0.03%

xrp
xrp

$2.405634 USD

3.82%

bnb
bnb

$596.924760 USD

2.81%

solana
solana

$133.227302 USD

5.85%

usd-coin
usd-coin

$1.000028 USD

0.02%

cardano
cardano

$0.740456 USD

2.51%

dogecoin
dogecoin

$0.173734 USD

2.54%

tron
tron

$0.220905 USD

-0.27%

pi
pi

$1.451299 USD

-7.76%

chainlink
chainlink

$13.894576 USD

-1.08%

unus-sed-leo
unus-sed-leo

$9.601190 USD

-1.86%

stellar
stellar

$0.273934 USD

-2.88%

hedera
hedera

$0.193090 USD

0.36%

Cryptocurrency News Articles

Bitcoin (BTC) vs. gold (XAU): Samson Mow on key difference between two assets

Mar 15, 2025 at 07:36 pm

Samson Mow, CEO of JAN3, indicates that Bitcoin (BTC) has one major difference from gold (XAU) despite always being compared to it. Instead of having physical "bearing"

Bitcoin (BTC) vs. gold (XAU): Samson Mow on key difference between two assets

Samson Mow, CEO of JAN3 and a prominent Bitcoin (BTC) exponent, highlighted a major difference between Bitcoin (BTC) and gold (XAU) despite the two assets often being compared.

Instead of physical “bearing,” knowledge is key to Bitcoin (BTC) ownership, the seasoned blockchain entrepreneur points out.

Bitcoin (BTC) vs. gold (XAU): Samson Mow on key difference between two assets

The core difference between Bitcoin (BTC) and gold (XAU) is the nature of ownership in the two assets. While for the orange coin, private key knowledge is essential to “owning” the asset, gold (XAU) remains the “bearer's” asset, with necessary physical possession.

Gold is a bearer asset. If you physically possesses it, you own it.Bitcoin is a knower asset. If you know the seed phrase, you own it.

Prominent Bitcoin (BTC) evangelist Samson Mow, CEO of JAN3 and Pixelmatic, pointed out this striking difference in an X post shared today, on March 15, 2025, with his 340,000 followers. At the same time, he added that the very concept of "bearing" is blurred now.

Bitcoin (BTC) is often called "digital gold," which has also always been one of its key value narratives. Just like gold (XAU), Bitcoin (BTC) has no emission center, and its supply is scarce, which is a significant advantage over fiat currencies subject to inflation.

As covered by U.Today previously, Samson Mow is an advocate of super-bullish $1,000,000 per Bitcoin (BTC) price theory.

He also compared Bitcoin (BTC) to gold (XAU) in the context of U.S. Federal Strategic Bitcoin Reserve discussions.

Gold (XAU) price hits all-time high over $3,000

Amid global geopolitical uncertainty and recession fears, gold (XAU) has proven its position as a reserve asset. The gold (XAU) price hit $3,001.30 in April futures expanding its 20% rally registered in recent months.

As per Ross Norman, CEO of Metals Daily, the price of the shining metal has an upside and is most likely going to reach $3,200 in 2025.

Meanwhile, Bitcoin (BTC), the largest cryptocurrency, is failing to break out of its bearish dynamics. At press time, BTC is changing hands at $83,900, 23% down from the peak. The strategic reserve announcements were met with very limited enthusiasm.

The Cryptocurrency Fear and Greed Index remains in the fear zone at 46/100.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 16, 2025