Why Bitcoin Is Frequently Called “Digital Gold
bitcoin is often called “digital gold” because, like gold, it has a limited supply, is difficult to counterfeit, and is seen as a store of value that operates outside traditional banking systems.
Bitcoin’s ‘Digital Gold’ Status Explained
bitcoin’s “digital gold” status comes from its fixed supply, resistance to censorship, and decentralized design, making it a popular hedge against inflation and currency debasement.
Why Bitcoin Is Often Described as “Digital Gold
bitcoin is often called “digital gold” because, like gold, it has a limited supply, is costly to produce, and is used by investors as a hedge against inflation and currency risk.