Why Bitcoin Is Called 'Digital Gold'
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Bitcoin is often compared to gold for its ability to store value over time. But how does it stack up against the precious metal? Discover why Bitcoin is seen as the future of wealth preservation in a digital age. Be True. Be Bold. Protect your value with Bitcoin.
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Scarcity (21 Million Coins):
Bitcoin’s supply is capped at 21 million coins, making it inherently scarce, like gold. Unlike fiat currencies, no government can print more Bitcoin, ensuring its value isn’t diluted by inflation. - Durability, Portability, and Divisibility:
- Durability: Bitcoin exists digitally, so it doesn’t degrade over time like physical assets.
- Portability: Bitcoin can be transferred globally in minutes, unlike gold, which is heavy and costly to transport.
- Divisibility: Each Bitcoin can be divided into 100 million units (satoshis), allowing microtransactions.
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Hedge Against Inflation:
With fiat currencies losing purchasing power over time, Bitcoin offers a way to preserve wealth. Its predictable issuance rate makes it an attractive hedge for investors.