So Bitcoin is designed so that the value of it will increase over time as opposite to traditional money in which the value of it will go down. But won't that make it more like gold instead of actual money?
Wrong,it is not made in a way like the prices will increase over time,the prices will increase only when the demand gets increase so we can't say that the prices will keep increasing forever on time periods.And don't compare bitcoin with gold as well because it is more traditional,more stable and acts as storage of value but bitcoin was found to be used as currency.