Binance CEO compares Bitcoin's purchasing power with gold and silver

BTC-0,66%

On December 30th, Binance CEO Richard Teng shared on X a chart comparing the amount of gold and silver that 1 Bitcoin could buy from 2010 to 2025. According to him, although silver is benefiting from the demand for electric vehicles, AI chips, and solar energy, Bitcoin is the “infrastructure of the future financial system.”

The chart shows that Bitcoin’s purchasing power surged significantly during periods of institutional capital inflows and loose monetary policies, outperforming gold and silver. Teng emphasized that Bitcoin should be viewed as a new financial standard, while gold and silver continue to serve as stable value storage and portfolio hedges.

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