Bitcoin Customary Writer says Bitcoin Will Change into ‘Less Volatile’ and Bigger Than Gold

Saifedean Ammous, the author of the 2018 academic book “The Bitcoin Standard,” said that Bitcoin already functions as a medium of exchange and that volatility’s impact on that’s more likely to diminish.

Bitcoin (BTC) can function a medium of change because it turns into much less risky than gold whereas surpassing the market capitalization of the biggest valuable metallic, wrote Ammous in a Tuesday X post.

“Holding Bitcoin is using Bitcoin as money, and its lack of widespread use as a method of payment is no evidence against its monetization unfolding,” added Ammous. 

The remarks are available in response to a passage in Professor Lawrence H. White’s book, “Better Money: Gold, Fiat, or Bitcoin?,” which argued that Bitcoin’s mounted provide makes it too risky to function a medium of change. 

“With no supply response to demand swings, BTC’s price is too volatile for people who want a reliable medium of exchange,” wrote White in a Monday X post, referencing chapter six of his e-book. He added that the shortage of provide response was the rationale stablecoins have “eaten BTC’s lunch transaction volume.” 

Different business watchers have additionally predicted that Bitcoin would ultimately surpass gold. In Could 2025, Bitwise’s head of European analysis, André Dragosch, advised Cointelegraph that their in-house prediction forecasts a $1 million Bitcoin worth by 2029, which might make Bitcoin match gold’s market capitalization.

Nevertheless, Bitcoin’s present $1.6 trillion market capitalization would want to develop by at the least 18-fold to surpass Gold’s close to $29 trillion market cap to turn into the main world asset.

In April 2025, Blockstream CEO Adam Again predicted Bitcoin will start rivaling gold’s use circumstances as a financial hedge, on account of world monetary instability and rising fiat inflation. 

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