The long-standing debate surrounding the most effective method of wealth preservation has been reignited, with Bitcoin (CRYPTO:BTC) and gold at the forefront.

Peter Brandt, an experienced financial trader, firmly supports Bitcoin, believing it will surpass gold as the preferred long-term storage of wealth.

He references a chart that highlights the leading cryptocurrency's significant performance, sparking discussions in the financial community.

This debate comes amid other industry voices, like Bitcoin advocate Max Keiser, who has openly criticised opposing viewpoints, such as that of Argentina's president regarding crypto, further fueling the conversation about the future of wealth storage and the position of cryptocurrencies like Bitcoin in that future.