{"id":92644,"date":"2025-12-25T13:53:51","date_gmt":"2025-12-25T10:53:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92644"},"modified":"2025-12-25T13:55:11","modified_gmt":"2025-12-25T10:55:11","slug":"analyst-asserts-bitcoins-inevitable-supremacy-over-gold","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analyst-asserts-bitcoins-inevitable-supremacy-over-gold\/","title":{"rendered":"Analyst Asserts Bitcoin&#8217;s Inevitable Supremacy Over Gold"},"content":{"rendered":"<p>The first cryptocurrency will &#8220;inevitably&#8221; surpass gold as the primary store of value, according to analyst David Eng.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Why Bitcoin Will Surpass Gold<br \/>A conservative, first-principles proof<\/p>\n<p>A First-Principles Supply Analysis<br \/>This conclusion relies on neither narrative, ideology, nor the extrapolation of recent price action. It is derived entirely from supply mathematics and thermodynamic\u2026 <a href=\"https:\/\/t.co\/hJXmYaqwr2\">pic.twitter.com\/hJXmYaqwr2<\/a><\/p>\n<p>\u2014 David \ud83c\uddfa\ud83c\uddf8 (@david_eng_mba) <a href=\"https:\/\/twitter.com\/david_eng_mba\/status\/2003708776382341383?ref_src=twsrc%5Etfw\">December 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;This conclusion relies on neither narrative, ideology, nor the extrapolation of recent price action, but is entirely derived from supply mathematics and thermodynamic constraints based on deliberately conservative assumptions,&#8221; he added.<\/em><\/p>\n<\/blockquote>\n<p>According to the expert, a system with exponentially decreasing new supply will always mathematically outperform a system with linear emission growth, provided demand is not zero.<\/p>\n<p>Gold has an elastic supply: rising prices make it economically viable to develop new deposits. This increases emission and dilutes value. The stock of the precious metal grows by about 1-2% annually.<\/p>\n<p>Bitcoin &#8220;inverts the commodity economy.&#8221; Its supply is inelastic and fixed by protocol at 21 million coins. An increase in price or interest cannot increase the amount of cryptocurrency\u2014it only leads to an increase in <a href=\"https:\/\/forklog.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">hashrate<\/a> and network difficulty.<\/p>\n<p>Thus, demand is accumulated as thermodynamic work done (energy costs for security), rather than diluted by emission.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-bitcoin-halving\">Halving<\/a> causes the energy cost of producing one bitcoin to grow exponentially. Gold has no similar mechanism.<\/p>\n<h2 class=\"wp-block-heading\">Timeframe<\/h2>\n<p>To determine when bitcoin will surpass gold, Eng constructed a conservative mathematical model, deliberately underestimating the cryptocurrency&#8217;s growth rate:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Initial conditions:<\/strong> gold&#8217;s capitalization is ~$30 trillion (including reserves, bars, jewelry), bitcoin&#8217;s is ~$1.8 trillion. The ratio is ~16.7x in favor of the precious metal;<\/li>\n<li><strong>Hypotheses:<\/strong> gold grows by 2% annually, the market value of the first cryptocurrency doubles every four years (about 19% per annum, significantly below the historical average);<\/li>\n<li><strong>Equation:<\/strong> Eng derived the equation 1.8 \u00d7 2^(t\/4) = 30 \u00d7 (1.02)^t. According to the solution, the leading digital asset will surpass gold in 18 years. This implies its capitalization at ~$30 trillion and a price of about $1.5 million per coin.<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Physics and mathematics determine the superior store of value. Narratives do not matter. Bitcoin does not compete with gold; it renders the monetary role of the precious metal obsolete through superior mechanics,&#8221; concluded the expert.<\/em><\/p>\n<\/blockquote>\n<p>In 2025, the first cryptocurrency significantly lagged behind the leading precious metal. Since January, the flagship of the crypto market <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">fell<\/a> by 6.6%, while gold <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=OANDA%3AXAUUSD\">rose<\/a> by more than 70%.<\/p>\n<p>Earlier, analysts at XWIN Research Japan <a href=\"https:\/\/forklog.com\/en\/news\/bitcoins-struggles-amidst-the-rise-of-precious-metals\">explained<\/a> bitcoin&#8217;s weakness amid the rise of metals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first cryptocurrency will &#8220;inevitably&#8221; surpass gold as the primary store of value, according to analyst David Eng.<\/p>\n","protected":false},"author":1,"featured_media":92645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin will surpass gold as the primary store of value, says analyst David Eng.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,536,1138],"class_list":["post-92644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-gold","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"165","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin will surpass gold as the primary store of value, says analyst David Eng.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92644"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92644\/revisions"}],"predecessor-version":[{"id":92646,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92644\/revisions\/92646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92645"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}