Matthew Piepenburg, a partner at one of Switzerland’s largest gold firms, Von Greyerz, recently shared his views on Bitcoin and gold in a podcast interview. Speaking on the New Era Finance Podcast, he offered a surprisingly balanced take for a gold advocate.
The Practical Problem with Gold
Piepenburg made it clear that while he remains a traditional gold supporter, using gold for everyday spending just isn’t practical. “You can’t go and buy a house with a gold bar,” he said. His personal strategy is simple: “Save with gold, spend with fiat currency.” But he sees a shift coming. As technology and the currency crisis collide, he believes the tokenization of everything—including gold—is becoming unavoidable.
Bitcoin as a Strong Alternative
Piepenburg noted that many people have lost faith in the traditional banking system. They are looking for something outside the system. He argued that gold and Bitcoin are the two strongest alternatives right now. “People are choosing either gold, Bitcoin, or both,” he explained. “The fundamental motivation is to escape the controllable and constantly depreciating fiat currency system.”
Tokenization and the Digital Future
He described Bitcoin as a pioneer of a new digital era where “everything is going digital.” While Piepenburg still relies heavily on physical gold, he acknowledged that technology merging with currency problems has triggered tokenization. He believes the digitalization of all assets, including gold, is now unstoppable. Bitcoin, with its decentralized nature, stands against the “control and surveillance” mechanisms that come with the traditional system, he added.
This is not investment advice.
