- Why is Bitcoin called digital gold?
The reason why Bitcoin is called digital gold is that people are very curious about Bitcoin nowadays. Just like gold, even though its price fluctuates, it has a stability, gold has maintained its stability for a long time. Bitcoin is also a means of maintaining value for many people nowadays. If you look closely, you can understand that the most interesting thing is that its number is limited, just like the gold reserves in the world are limited. That is why many people call it digital gold.
There is a more concrete characteristic why Bitcoin can sometimes be referred to as digital gold. Your reason is wrong, Bitcoin isn't called digital gold because of stability, to be clear Bitcoin isn't stable, its price fluctuates what we call price volatility.
Bitcoin is referred to as digital gold because of some alike characteristic like store of value and a good hedge over inflation.