Peter Schiff, often referred to as the 'Goldfather,' has reignited the debate over what constitutes 'digital gold' in a discussion with Binance CEO Changpeng Zhao (CZ). Schiff advocates for tokenized gold, such as XAUT, arguing it combines the reliability of physical gold with the advantages of blockchain technology. In contrast, CZ maintains that tokenized gold still depends on institutional trust, unlike Bitcoin, which relies solely on code. This debate underscores the ongoing tension between real-world assets and crypto-native models within the Web3 ecosystem. As the digital asset landscape evolves, the question of which asset truly embodies 'digital gold' remains a pivotal point of contention among industry leaders.