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?
By the prices of stuff going up in traditional money, it encourages keeping the goods and trading them, for example if someone owns a house that house's value won't just go down with time, it can go through time. But if goods were to keep getting lower in prices then it can as a result discourage buying them and trading. Which makes Bitcoin unusable as money. To keep your money safe of course you can store in a bank as they give you a small amount of interest.
Bitcoin has a limited supply and as time goes by and its popularity increases the prices can go higher and higher, making it less effective to be used as usual money. Imagine how would a shop keeper feel as their good will only decrease in price. And like traditional money which has banks Bitcoin doesn't offer much solution to this.
So even if bitcoin prices were to stabilize, wouldn't it be more like gold than a currency to use like traditional money? Gold is very similar in those terms to Bitcoin.
yes, bitcoin is like gold, but it is very different because the value of bitcoin fluctuates and gold is stagnant, I also think that bitcoin cannot be used like ordinary money because the amount is limited and its growing community will make its value continue to increase.
You are right Bitcoin is Gold and can create a money as well. If you are hard working and do the job well in that case you will be gaining and probably you will be having a profit bigger than you aim for. In the community it is having a communication towards bitcpin on how it runs.