NewsBTC
9 August 2025
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Saylor Claims Bitcoin Could Benefit from Potential US Gold Tariffs

Michael Saylor, founder of Strategy, suggested that potential US tariffs on gold imports could drive investment towards Bitcoin. He emphasized Bitcoin's advantages over gold, noting it cannot be taxed at borders and offers faster settlement.

Saylor Frames Bitcoin As Tariff-Proof Asset

Industry figures support this view. Simon Gerovich from Metaplanet described gold as “heavy, slow, and political,” contrasting it with Bitcoin’s characteristics of being “light, fast, and free.”

Metaplanet recently acquired nearly $54 million in Bitcoin, increasing its holdings to 17,595 BTC, valued at approximately $1.78 billion.

Market Reaction And Price Moves

  • Gold futures reached an all-time high amid tariff discussions.
  • Bitcoin saw a minor decline of less than 1% in the same period.
  • The mixed market response indicates varying investor strategies regarding asset allocation.

Veteran trader Peter Brandt highlighted a 95% decline in the purchasing power of the US dollar since 1971, suggesting that while gold has maintained value, Bitcoin is now poised to serve as a more effective long-term store of value.

The ongoing tariff discussions have shifted short-term sentiment but have not determined the superior long-term asset. Institutional investments in Bitcoin by firms like Strategy and Metaplanet are shaping market expectations, while gold's price surge reflects strong demand for stable assets amid policy risks.