Bitcoin is an asset with a limited number, only 21 million of this asset can exist. More than a century will take, to mine the last bitcoin due to the fact that its blockchain reduces the mining rewards at specific intervals. Bitcoin’s market capitalization is $230 million, while that of gold is $9 trillion. Bitcoin’s market capitalization, being at a low signifies its value to increment in the future, making it the strongest asset in history.
The volatility of bitcoin is usually high, while gold is a more stable adversary, and it gives itself a better hedge. Because the remaining $230 billion bitcoin’s annual supply is at a low($5.58), compared to gold’s supply, it is less likely to be wiped out by the world economy. The value of bitcoin will proliferate when the need for safe-haven assets hikes and gold, then, will fall behind.