1. As bitcoin becomes more and more valuable, it strengthens the foundations of the Chinese or modern blockchain economy
I don't really understand this? why when the value of bitcoin increases, it will strengthen the chinese economy?
2. Bitcoin is literally scarce, or in other words, if we are to call gold scarce, we must say bitcoin is rarer than scarce.
regarding this, I firmly believe that bitcoin will really be a step up compared to gold. the reason is easy, it's because bitcoin has a maximum total amount that is mined, while for gold, there are so many gold mines out there.
anyway, I'd probably go for bitcoin in this case. some of the reasons I quote from several sources,
- The price of bitcoin is currently very high compared to gold.
- there is a possibility that the marketcap of bitcoin will beat gold in the future
- there is still a possibility that the bitcoin price will be higher than the current price (great potential)
and many other reasons.
however, gold also has advantages such as a fairly stable price and rising slowly, having quite a lot of physical forms and can be utilized, and others. Bitcoin and gold have their respective advantages and disadvantages, it all depends on the decision of potential investors. but, personally, I prefer bitcoin.