Bankless · Monday, July 13, 2026
Dan Held predicts Bitcoin will surpass gold as a store of value within 10-15 years, driven by generational adoption and the potential disruption of asteroid mining. He believes younger generations are more inclined towards Bitcoin, while the diminishing relevance of gold, particularly with advancements in space exploration and asteroid mining, will accelerate this shift.
“Do you think Bitcoin flips gold? Over a long enough time period, yes. Like a lifetime or like a couple decades? Well, you know, it depends on the growth rate, right? Like 15 years, we went from zero to 1.5 trillion. I do think what was nice about gold's recent movement is it showed that large market cap assets can still have huge volatility. So there was an argument to be made that like Bitcoin would never have such large movements ever again because like large market cap assets don't move that much. SpaceX, Bitcoin, Apple, I think very much proved that wrong in gold.”
“So yeah, I do think Bitcoin will eventually flip in gold. I think that's probably at least 10 to 15 years away. You know, it requires more people to believe at a fundamental level what the market cap represents is do people believe more in gold or more in Bitcoin?”
“And like I said before, this goes back to a generational divide over, you know, world boomers adopt this as they die off. Millennials and Gen Xers bought into Bitcoin a lot more. We start to set policy for different sorts of institutions, both banks and the Fed, etc., treasury.”
“So through these, I'd say gradual lifetime sort of generational adoption cycles, that's when we should see gold flipping, Bitcoin flipping gold.”
“Once we see that become more tangible and people start to price in that future expectation of asteroid mining becoming real, then gold really has a crisis of faith where its supply becomes largely irrelevant.”