I keep hearing people call Bitcoin “digital gold.”
But gold has been around for thousands of years, and Bitcoin is only ~16 years old.
Do you think Bitcoin can really replace gold as a store of value — or should they just complement each other?
I’m curious what older members here think!
I do recommend that you should check the price history index of BTC over the years and on how much of its price skyrocketed in the last ten (10) years. Moreover, with its hard cap supply of 21 million, it is estimated that by the year 2140 all of it will be mined giving it another reason for its price to increase as it supply drops.
With that kind of simple explanation, you can decide for yourself on which is better. However, for me personally, I recommend that you purchase both and diversify your portfolio by tapping into all kinds of investments either short or long-term.