Why is Bitcoin often compared to gold?

Bitcoin is frequently compared to gold due to its scarcity and role as a store of value. Like gold, Bitcoin has a limited supply (21 million coins), making it resistant to inflation. Both assets are decentralized, meaning they are not controlled by governments or central banks. Bitcoin, however, offers advantages over gold, such as easy digital transfer, divisibility, and secure storage. While gold has been a trusted asset for centuries, Bitcoin’s adoption as "digital gold" is still growing. Some investors diversify by holding both assets, using them as hedges against economic instability. Monitoring the btc price live page allows traders to compare Bitcoin’s performance with gold in real-time.

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