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Reasons why Bitcoin has closer to Gold than to Money

Bitcoin Reddit

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For a long time, I've perceived Bitcoin as an alternative to fiat money and had doubts about that due to its deflation mechanism. Deflation is not good for the economy - if you don't spend money today, as tomorrow the product will be cheaper, consumption and manufacturing will stop.

But once I started to perceive Bitcoin as a 'gold', it started suddenly to make sense as it has all its most important advantages: it is limited (21m), it is durable (not 'spoils' with time), it is a liquid asset (can be easily swapped for any currency / another asset).

Will be happy to hear your arguments for or against this

submitted by /u/Electrical-Problem56
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