Bitcoin is often compared to digital gold because of its role as a store of value. Its simplicity, security, and decentralization make it an attractive choice for people looking to protect their wealth, especially in times of uncertainty. While Bitcoin's price can be volatile, its underlying value lies in its ability to provide a decentralized, secure way to store and transfer wealth.

Unlike traditional currencies or even gold, Bitcoin is borderless and easy to transfer, making it more convenient for global use. While altcoins may offer unique features, Bitcoin’s focus on security and simplicity gives it a clear edge in being a reliable, long-term store of value.