Bitcoin News

Story: Bitcoin Critic Peter Schiff Develops Gold Tokenization App Amid Market Surge

By Julie Binoche

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Schiff’s Plan to Bring Gold Onchain. In a recent interview with crypto influencer Michael Jerome, known online as “Threadguy,” Schiff…

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CZ Responds: “It’s a Trust-Me-Bro Token”. The idea quickly drew reactions across the crypto community.

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Tokenized Gold Gains Traction. While the debate between purists like CZ and traditionalists like Schiff continues, tokenized gold…

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Industry Analysts Weigh In. Bloomberg Intelligence analyst Eric Balchunas commented on the similarities between Schiff’s idea…

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A Bridge Between Old and New. Despite the criticism, Schiff’s pivot reflects a larger evolution in how traditional investors are…

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The Growing RWA Movement. Schiff’s gold tokenization plan comes amid rising global attention on real-world asset tokenization.

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Conclusion. Peter Schiff’s entry into blockchain signals a notable moment in the intersection of traditional…

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Bitcoin critic and long-time gold advocate Peter Schiff is taking an unexpected step into blockchain technology.

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The move marks a surprising shift for Schiff, who has spent years dismissing digital currencies as speculative assets.

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In a recent interview with crypto influencer Michael Jerome, known online as “Threadguy,” Schiff said the upcoming app will enable users to purchase vaulted gold, tokenize…

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“You’ll be able to carry all your gold around in your phone,” Schiff said during the discussion.

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Schiff described the system as a “bridge” between physical wealth and the digital economy—an alternative for those who distrust purely digital assets like Bitcoin but still want…

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The idea quickly drew reactions across the crypto community. Binance founder Changpeng “CZ” Zhao, who recently made headlines after receiving a presidential pardon from Donald…

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Zhao took to X (formerly Twitter), arguing that tokenized gold is not truly decentralized or “onchain” in the same sense as cryptocurrencies like Bitcoin.

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“It’s tokenizing that you trust some third party will give you gold later,” Zhao wrote. “It’s a ‘trust-me-bro’ token.”

The Currency Analytics

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