The United States has extended its trade measures to cover imports of physical gold, adding the metal to the list of goods subject to tariffs. Details of the levy were not disclosed, but the move represents the first time Washington has targeted bullion in its recent tariff regime. Commenting on the decision in an interview on Bloomberg Television’s ‘Open Interest’, MicroStrategy Executive Chairman Michael Saylor argued that the policy highlights a structural advantage for Bitcoin over the precious metal. “Bitcoin lives in cyberspace. No tariffs in cyberspace,” he said, describing the cryptocurrency as “digital gold”. Saylor contended that taxing gold could accelerate capital flows toward Bitcoin, which is transmitted and held electronically and therefore beyond the reach of customs duties. While supporters of the tariff say it aligns gold with other protected commodities, critics warn it could disrupt bullion markets and raise costs for industrial users and investors.