The relevance of Bitcoin vs. Gold: Analyzing market cap and more

The connection between Bitcoin and gold

Bitcoin’s connection to gold can be traced back to its inception. In a Bitcointalk forum post, Satoshi Nakamoto, the creator of Bitcoin, referred to gold’s rarity to emphasize the importance of Bitcoin’s limited supply of 21 million coins. This comparison to gold highlights the idea that Bitcoin, like gold, is a finite resource that cannot be easily manipulated or inflated. This connection between Bitcoin and gold has led many to see Bitcoin as a digital alternative to the traditional store of value.