Tether CEO: Bitcoin and gold will outlive any other currency

Tether CEO Paolo Ardoino recently published a lengthy article on the social media platform X, elaborating on his unwavering belief in Bitcoin and gold as the ultimate stores of value.

He noted that throughout the long history of human currency, countless forms of currency—from shells and metal coins to sovereign paper currency—have all been extinguished by war, over-issuance, or a breakdown in trust.

Only gold has withstood the test of thousands of years and maintained its central position in the global reserve system. Ardoino emphasized that Bitcoin is the "gold" of the digital age.

Not only does it rival gold in scarcity, but it also leverages distributed ledgers and cryptography to achieve the globalization, borderless transfer, and ownership of value. In his view, Bitcoin is not a simple imitation or replacement of gold, but rather an inheritance and advancement of its value storage logic.

Together, the two form a robust monetary paradigm that is independent of any centralized authority. He further analyzed that the world is currently facing multiple challenges: high inflation, geopolitical conflicts, and rising debt, highlighting the inherent fragility of the traditional fiat currency system.

Against this macro backdrop, Bitcoin and gold, as non-sovereign, censorship-resistant stores of value, continue to attract investment from institutional investors, sovereign wealth funds, and even ordinary citizens.

They not only demonstrate exceptional safe-haven properties during turbulent times, but also, over the long term, demonstrate enduring vitality that transcends political and economic cycles.

It's conceivable that no matter how future currencies evolve, the sound money principles embodied by Bitcoin and gold—scarcity, trustworthiness, and durability—will permeate them. Ardoino concludes that their longevity will not only surpass any current fiat currency but will also continue to play a cornerstone role in humanity's narrative of value.