# Gold vs. Bitcoin

*Author: Bankless*
*Published: Sep 6, 2024*
*Source: https://www.bankless.com/es/gold-vs-bitcoin-2*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/Group-647-1-1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=the-bankless-guide-to-maker&email=true)

  

Gold vs. Bitcoin
    
  

  
  Published on Sept 6, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
CZ's Lifetime Ban
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/Group-14---2024-09-06T161404.300.png)](https://www.bankless.com/dashboard)- 🚫 **CZ Banned for Life from Binance Operations. **His plea deal terms [prevent his return to company leadership](https://www.bankless.com/cz-banned-for-life-from-binance-operations), but his shareholder rights leave him powerful.
- 📞** Telegram Updates Policy So Users Can Report Private Chats. **Following CEO's arrest, Telegram [brings light moderation tools to the app](https://www.bankless.com/telegram-updates-policy-so-users-can-report-private-chats).
- 💪 **Macro Investors Have Mixed Feelings on Latest Job Numbers.** Wall Street is [feeling skittish](https://www.bankless.com/macro-investors-have-mixed-feelings-on-new-job-numbers) about new job numbers despite a drop in unemployment rate.
[](https://www.bankless.com/uniswap-extension-browser)

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    MARKET VIBES

  
  

Down on Year
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **ETH struck a new low for 2024 on Friday as the asset dove 7% in a reaction to investor concern around [new U.S. job numbers](https://www.bankless.com/macro-investors-have-mixed-feelings-on-new-job-numbers). BTC losses took the asset to the $53K range, down 9% on the week.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.90T
       

  
    
    ↘ 3.9%
    
  

   
    
    ↘ 8.2%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $53,433
       

  
    
    ↘ 4.7%
    
  

   
    
    ↘ 9.2%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,205
       

  
    
    ↘ 6.9%
    
  

   
    
    ↘ 12.0%
    
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/32943.png)
    

  **VISTA**
   
          $24.04
       

  
    
    ↗ 15.3%
    
  

   
    
    ↘ 16.6%
    
  

  

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🧑‍💻**New Token Rating: **Ethereum memecoin launcher **Ethervista** captivated the attention of prolific crypto influencers this week. How do we feel about the VISTA token?[Unlock VISTA on Token Hub](https://www.bankless.com/tools/token-hub/ethervista)

.  .  .

 
  
    
      
    EARLY ACCESS
    
    
  
  

Gold vs. Bitcoin
  
  
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/image---2024-09-06T160914.417.png)](https://www.bankless.com/the-bull-case-for-gold-why-bitcoin-sucks-peter-schiff)**Why does Gold reign supreme?** Peter Schiff is a financial commentator and economist who is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies.

He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve, and principles to grow your wealth.

*Hear all of the analysis*!* *👇

[Unlock the Episode](https://www.bankless.com/the-bull-case-for-gold-why-bitcoin-sucks-peter-schiff)[🔒 Listen to David & Ryan's Debrief](https://www.bankless.com/debrief-the-peter-schiff-interview)

.  .  .

 
  
    

LEARN

  
  
    
   
Getting Started on Sky
  
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/09/image---2024-09-06T160455.386.png)](https://www.bankless.com/the-bankless-guide-to-maker)DeFi's most venerable protocol, MakerDAO, recently got a new name and a number of major changes that have been the talk of Crypto Twitter. We've updated our free Bankless Guide to the protocol with details on the new functionality, tokens, and ambitions.

*Let’s dive in! *👇

[Read More on Bankless.com](https://www.bankless.com/the-bankless-guide-to-maker)
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