With Bitcoin currently trading around $66.66K, the debate over which scarce asset will surpass gold in delivering superior returns continues to gain traction among institutional investors. Pantera Capital founder Dan Morehead argues that Bitcoin will ultimately surpass gold as a long-term value store, pointing to comparable ETF inflow patterns between the two assets. His thesis centers on a fundamental concern: as central banks continue expanding fiat money supplies, both Bitcoin and gold stand to benefit as inflation hedges. Yet Morehead suggests Bitcoin's unique properties—its fixed supply cap and digital native advantages—position it to surpass gold's performance trajectory over the coming decade. The key difference lies in how each asset responds to currency debasement, with Bitcoin's immutable scarcity offering a compelling alternative for investors seeking to protect wealth against monetary erosion. [#BTC](/en/square/hashtag/BTC) [#ETF](/en/square/hashtag/ETF) [#AI](/en/square/hashtag/AI)