This is a pointless distinction, unfortunately. His reason for opening his mouth is clearly to shit-talk crypto. He knows that gold and paper currency have no intrinsic value - the amount of gold needed for electronic and jewelry use is so small that it provides almost no price floor/ceiling whatsoever. National currencies are all worthless.
Still, your point is well taken.
I couldn't agree more. He's just talking crap. Unfortunately, he is treated somewhat as a god and people believe everything he says.