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.
Bitcoin’s Appeal Rises Amid Global Monetary Turmoil
bitcoin’s appeal is rising as inflation, currency devaluations, and capital controls weaken trust in traditional money, prompting investors to seek borderless, scarce digital assets.
Why Bitcoin Has Value: Trust, Scarcity, and Utility
bitcoin’s value stems from collective trust in its network, programmed scarcity capped at 21 million coins, and practical utility as a borderless, censorship-resistant digital asset.