Gold and Bitcoin are two different assets that have different characteristics. Gold is a physical asset that has been used as a store of value for centuries. It is a precious metal that is rare and has been used as currency for thousands of years. Bitcoin, on the other hand, is a digital asset that was created in 2009. It is decentralized and operates on a blockchain network.
Gold has been an asset that holds value over long periods and is used to hedge against market downturns. Bitcoin is young and unproven as an investment, but cryptocurrency speculators are using it to store value and hedge against corrections and recessions.
Bitcoin’s supply is fixed at 21 million coins, while gold’s supply can fluctuate based on mining activity and new discoveries.