Tim Draper Declares Gold Is Dead, Touts Bitcoin’s Superiority

Bitcoin moves,” Draper wrote, emphasizing Bitcoin’s borderless, permissionless, and programmable nature.

Unlike gold, Draper explained, Bitcoin can be actively used for everyday purchases. “You can’t buy coffee with gold. But with Bitcoin, you can — without relying on banks, suffering inflation, or dealing with friction,” he noted.

Market Reality: Gold Outpaces Bitcoin in 2025

Despite Draper’s bullish remarks, some critics were quick to highlight that gold has dramatically outperformed Bitcoin this year. Gold prices have surged more than 20% year-to-date, while Bitcoin remains mostly flat.

The precious metal has seen renewed interest amid tariff-driven economic turbulence, recently climbing above $3,500 per ounce for the first time, as reported by U.Today.

Gold vs Bitcoin: The Ongoing Debate

Draper’s comments reignite a long-standing debate over Bitcoin’s role as “digital gold.” While Bitcoin offers revolutionary payment features, traditional gold continues to shine during economic uncertainty.

As the global financial landscape evolves, investors remain divided over whether Bitcoin’s momentum will ultimately surpass gold’s long-established safe-haven status.

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