Desik,
I only read the first 3 pages of this thread so forgive me if im repeating something somebody else already said.
Bitcoin is deflationary not inflationary. It can be denominated into tiny units called satoshis. Google it.
It is similar to gold in that it is hard to produce and is(soon to be) universally accepted store of value.  This is where the similarities end. Your historical arguments about various crises are invalid as bitcoin is all about bypassing the global financial system that has been responsible for (more or less) EVERY financial crisis in the 100-120 years. Dont forget that thre Rothschild family dictates the price of gold. Im not sure whether they also control bitcoin.