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- I think this is only true when BTC reaches mass adoption like gold does now. But I think this has a good chance of happening because CBDC's will lose their value just like fiat currency. People will run to real stores of value like precious metals or BTC. BTC is more accessible than gold and so I expect more people to chose BTC over time.
When Bitcoin price also, I think we will start to experience a huge price hike for Bitcoin in the next short future same like Gold, Gold started from nothing.
As others say, Bitcoin is like a digital version of gold.
Take note also that when Gold started its Bitcoin ETF, that was also the time the price started to go up. So we should be aware of this kind of event too.