Eric Trump, speaking with entrepreneur Grant Cardone, called Bitcoin “digital gold” and argued it surpasses traditional gold in value, highlighting its role as a store of value and a symbol of financial freedom. He described Bitcoin as hard money for the digital age and one of the most reliable stores of value globally.
The Bitcoin-versus-gold debate has intensified amid geopolitical tensions and inflation concerns. Gold’s market capitalization is roughly $27.6 trillion, far larger than Bitcoin’s, which ranks just behind silver. Over the past year, gold rose about 43.3% while Bitcoin gained roughly 48%, though Bitcoin exhibited greater volatility.
Bitcoin’s limited supply and predictable issuance create a different dynamic from gold. About $680 billion of new gold is mined annually, whereas Bitcoin’s annual issuance is capped at roughly $24 billion in value, producing structural scarcity that can amplify the effect of inflows.
Market data show generational shifts: investors aged 18–39 favor cryptocurrencies, while those 50 and older mainly prefer gold. Bitcoin has shown rapid, sometimes double-digit rallies during crises—examples include rallies after U.S.–Iran tensions in 2020 and regional banking turmoil in 2023—often outpacing gold in percentage gains.
Analysts say Bitcoin’s scarcity, growing adoption, and potential for outsized returns during stress periods make it a viable long-term alternative to gold. Industry figures such as Bitwise CEO Hunter Horsley note that Bitcoin requires fewer buyers to sustain upward momentum, enhancing its appeal as both a store of value and a speculative hedge.
