Peter Schiff, a well-known U.S. financial commentator and founder of Euro Pacific Asset Management, is prominent for his pro-gold stance and critique of Bitcoin
$119,007. On August 14, 2025, Schiff argued that tokenized gold will take the “lion’s share” from Bitcoin. According to him, a coin that genuinely represents gold would negate the need for stablecoins pegged to the U.S. dollar. This claim follows BioSig Technologies’ announcement of securing $1.1 billion to create a treasury backed by tokenized gold, after its merger with Solana 
$197-based tokenization platform Streamex.
Schiff: Tokenized Gold Outshines Bitcoin
Schiff promotes tokenized gold as the ultimate monetary asset, blending gold’s superior monetary properties with digital accessibility, addressing Bitcoin’s perceived shortcomings. He believes that this model enhances traditional gold’s limitations with global reach and high liquidity, compensating where Bitcoin falls short as a monetary instrument. 
In this context, Schiff argues that stablecoins would also lose their appeal. A coin with a tangible linkage to real gold could provide a more robust foundation than fiat-backed models. Streamex’s emphasized advantages of global reach, increased liquidity, enhanced security, and lower entry barriers support this perspective.
BioSig’s Tokenized Gold Treasury Model
BioSig announced its intention to gather $1.1 billion for a treasury model revolving around tokenized gold assets. Instead of aligning with the popular cryptotreasury approach, the company envisions integrating gold with tokenization. The previous merger with Streamex aligns its technical and operational infrastructure towards achieving this goal.
Nonetheless, the initiative faces criticism. Some Bitcoin proponents caution that gold-representing coins could be subject to central issuance on blockchain, potentially heightening manipulation risks. There’s also emphasis on counterparty risks for coin holders, including liabilities stemming from intermediary entities or platforms.