2026-01-16 03:02:17

#数字资产市场动态 I've heard a saying that the story of gold's "value preservation" is about to come to an end. Investment guru Howard Marks bluntly states—gold neither generates cash flow nor is its price determined by market speculation; so-called hedging and preservation? Basically, it's just a collective illusion everyone believes in. Looking at history, we see that during crises, gold prices still plunge—there's no real safe haven.

But what's interesting is that central banks are still frantically accumulating gold, and with geopolitical tensions so high, gold still rose 7% in 2026. What's going on here? Is it just faith holding it up?

If you're really looking for a logical hard currency, you might want to check out digital assets like $BTC, $DOGE, $SHIB . What's different about Bitcoin? Its supply is written into code—never more than 21 million coins, no one can issue more. Its decentralized architecture means no single entity can manipulate it. Global consensus, and institutions are continuously strategically allocating. This is what gives it a solid foundational value anchor.

Compared to stocks and bonds, gold indeed lacks a valuation basis. But the consensus mechanism, scarcity, and global liquidity of digital assets are rewriting the rules of wealth storage. Hot speculation will eventually fade, but the logic will remain. The era of gold is nearing its end; Bitcoin is redefining the future with mathematics and code. What’s your take on this?

BTC-0.89%

DOGE-2.59%

SHIB-1.92%

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.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

GasFeeSobber

· 2h ago

The narrative that gold is supposed to be the safe haven is indeed bankrupt; central bank gold hoarding is purely political leverage. --- The fixed code of 21 million is truly more reliable than central bank gold bars. --- So, faith is something the crypto world understands best; gold is really just sustained by imagination. --- Marx was right, but why are central banks still hoarding? Isn't that the biggest endorsement? --- When a crisis hits, everything drops. Don't just dismiss gold; Bitcoin has also experienced bloodbaths. --- A fixed supply is truly a killer; gold can't be directly compared. --- Consensus mechanisms sound impressive, but ultimately, they are just new tricks for big players to harvest retail investors. --- A 7% increase by 2026? What do you call that? If it were truly a store of value, it should have doubled already. --- Decentralization has been talked about for so many years, but exchanges get hacked in one blow—what's decentralization about then? --- Institutional strategic allocations are just another wave of hype before the next harvest.

View OriginalReply0

SerNgmi

· 2h ago

The rhetoric about gold indeed needs an update, but can Bitcoin really take over? --- The fact that central banks are hoarding gold actually proves that—consensus is what gives something value. --- The 21 million cap sounds absolute, but believing it will never change is a bit naive. --- The definition of hard currency has always been changing; this time, it's up to the code to speak. --- Marx's logic applies to gold too; aren't digital assets also a collective illusion? --- Global consensus is more valuable than scarcity itself. Understanding this is the key to winning. --- Is code that is hardcoded more trustworthy? Not necessarily; humans have many ways to modify code. --- The 7% increase in gold and the central banks' gold hoarding both point to the same thing. --- Things supported by faith—gold has been trusted for thousands of years, Bitcoin for just over a decade. Don't rush to draw conclusions.

View OriginalReply0

VirtualRichDream

· 2h ago

Gold doesn't generate cash flow, and that's a point well made, but the central bank is still hoarding... This is truly the real faith game, isn't it?

View OriginalReply0

CountdownToBroke

· 2h ago

Gold fooled me for ten years, now I'm all in on Bitcoin, betting that this wave can turn things around.

View OriginalReply0

MevShadowranger

· 2h ago

Gold still depends on central banks to buy in, but the 21 million written in the code of BTC is the real moat.

View OriginalReply0

tokenomics_truther

· 2h ago

Central banks hoarding gold and grandmas buying gold bracelets, honestly, it's all the same logic—just fear of being exploited. --- Marx's words are actually fine, but the problem is—when gold prices fall, they still buy the dip. Laugh out loud. --- Wait, 2026 isn't here yet, where is this data from? --- The code is hardcoded to 21 million, sounds great, but what if the ecosystem collapses? Don't mistake technical features for a moat. --- It's hilarious—saying gold relies on faith, then turning around and hyping Bitcoin's global consensus. Isn't that also a faith-based play? --- Central bank gold hoarding is influenced by geopolitical considerations. Comparing it directly to cryptocurrencies is a mismatch. --- Hard currency? Go ask Luna users what they think, haha.

View OriginalReply0