Analyst: Bitcoin has outperformed gold and silver over the past 10 years

According to author and analyst Adam Livingston, Bitcoin (BTC) has demonstrated remarkable outperformance compared to gold and silver since 2015. Specifically, BTC has recorded a growth of 27,701%, while silver only increased by 405% and gold by 283% over the same period.

Adam Livingston states: “Even if we exclude the first six years of Bitcoin, to respond to opinions that comparing timeframes is unfair, gold and silver still fall far short of this peak asset.”

Peter Schiff, known for his pro-gold stance and one of the most vocal critics of Bitcoin, has responded. He argues that the performance of these assets should be compared over the past four years rather than ten. “The times have changed. The era of Bitcoin is over,” Schiff asserts.

Bitcoin price movements compared to gold and silver since 2015 | Source: Adam LivingstonIn response, Matt Golliher – co-founder of Bitcoin asset management firm Orange Horizon Wealth – suggests that commodity prices tend to converge towards production costs in the long run. “When prices rise, output also increases, causing supply to expand rapidly and bringing prices back to equilibrium levels. Unless the asset has a fixed supply,” Golliher explains.

He adds: “Currently, gold and silver sources that were unprofitable to mine last year are now becoming profitable due to rising market prices.”

The debate between precious metal investors and the Bitcoin community about which is the best long-term store of value remains unresolved, especially as gold and silver prices have surged historically, while Bitcoin stagnates and the US dollar has depreciated by 10% against other major currencies.

Gold prices hit a new all-time high of around $4,533 per ounce in 2025, and silver (not displayed) also reached a near-record high of nearly $80 per ounce in 2025 | Source: TradingView## US dollar weakens, Fed’s easing policy boosts scarce asset prices

According to media host Ethan Ralph, the US dollar is on track for its worst year in a decade, with the US Dollar Index (DXY) falling nearly 10% in 2025.

DXY has fallen nearly 10% in 2025 | Source: BarchartDXY measures the strength of the dollar against a basket of major currencies such as the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.

Analyst Arthur Hayes states that the weakening dollar combined with the Federal Reserve’s inflationary monetary policy will serve as a positive catalyst, driving significant growth in scarce assets like gold, silver, and Bitcoin in the near future.

Mr. Giáo