What about if I live in a third world country like Philippines? Should I still invest in Bitcoin?
Anybody that has traveled a bit understands that third world countries have billions of poor people that own cellphones and smart phones. People getting paid less than 2 dollars an hour have smartphones everywhere. These same people don't have the means of properly securing physical gold effectively from thieves or a means of transacting with the rest of the world with gold as it mainly serves as a store of value.
Bitcoin is perfect for the unbanked and underbanked worldwide.