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.
Capitalizations Index – B ∞/21M
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.
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.
Hyperbitcoinization describes a potential future where bitcoin becomes the dominant global currency, adopted widely as a store of value and medium of exchange, displacing weaker fiat systems.