📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
"Gold Tariffs May Activate 'Cash Flow' to Bitcoin – Saylor and Brandt Speak Up" Ask Chat
Michael Saylor, the founder of Strategy, suggested this week that the rumored move by the United States to impose import taxes on gold could drive money out of this metal and into Bitcoin. In an interview with Bloomberg, Saylor argued that Bitcoin cannot be taxed at the border because it "lives in cyberspace, where there are no tariffs." He stated that the coin has no physical weight and the fast payment speed makes it more attractive than gold in a world where the import tax on gold bars is being discussed. Saylor Considers Bitcoin as a Tax Haven Asset Reports reveal that others in the industry agree as well. Simon Gerovich, president of Metaplanet, called gold "heavy, slow, and political," while Bitcoin is "Light, Fast, And Free."
According to reports, Metaplanet — a Japanese company managing Bitcoin reserves — has recently purchased nearly 54 million dollars worth of Bitcoin, increasing its total Bitcoin holdings to 17,595 BTC, equivalent to approximately 1.78 billion dollars at current value. These numbers are significant for investors monitoring whether corporate bonds are reallocating from precious metals to digital currencies. Market Reaction and Price Volatility The market reacts in many different ways. Futures gold prices hit an all-time high following news about tariffs, as traders scramble to price in the potential cost impact of new import regulations.
Meanwhile, Bitcoin has been trading relatively sideways during the same period, decreasing by less than 1% in the past 24 hours. The mixed reaction indicates that a policy shock could push some capital into precious metals, while other buyers may stay on the sidelines or turn to cryptocurrency as an alternative form of hedging.
Brandt Emphasizes the Decline of the USD Over Several Decades Veteran trader Peter Brandt has added fuel to the fire of the debate by posting a long-term chart tracking the purchasing power of the US dollar from $1.00 in 1971 to around $0.031 in 2025, based on the growth of M2 money. Brandt pointed out a decrease of about 95% during that period and stated that this trend indicates that fiat currency could depreciate over many decades. He argued that while gold has held its value for many years, Bitcoin is currently positioned to become a store of value in the future. According to market observers, the discussion about tariffs has changed short-term sentiment but has not yet resolved which asset is a better long-term safe haven. Institutional investors like Strategy and Metaplanet are publicly betting on Bitcoin, and that shapes expectations. At the same time, the record high of gold reminds investors that the demand for tangible store-of-value assets may surge due to policy risks.