律动BlockBeats|Jan 30, 2026 11:35
[Balaji: Physical gold is not the best hedge against a dollar crisis; Bitcoin has greater censorship resistance]
BlockBeats News, January 30 – Former Coinbase Chief Technology Officer and angel investor Balaji Srinivasan stated today that the signs of a fiat currency crisis are beginning to emerge. He noted that physical gold is susceptible to government confiscation (as seen with Roosevelt's order in 1933), whereas digital gold like Bitcoin offers greater resistance to seizure due to its invisibility and programmability.
In the article, Balaji pointed out that BRICS nations have significantly increased their gold reserves since the 2008 financial crisis, indicating a shift in the East toward tangible assets. However, he argued that the internet will replace Keynesianism dominated by the U.S. dollar with digital assets.
Balaji concluded that for people in sovereign debt crisis-stricken countries such as North America and Western Europe, gold may not necessarily be the best safe-haven asset, and Bitcoin is a hedge worth considering.
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