Bitcoin is often compared to gold due to its limited supply and potential as a store of value, earning it the nickname ‘digital gold.’ Unlike traditional currencies, Bitcoin is decentralized, scarce, and immune to government inflationary policies, which makes it an attractive hedge against economic uncertainty. Investors see it as a modern alternative to gold for preserving wealth, diversifying portfolios, and protecting against fiat currency devaluation. However, while gold has a long-established history as a safe haven, Bitcoin is still relatively young, highly volatile, and influenced by market sentiment and technological developments. Understanding the similarities and differences between Bitcoin and gold can help investors make informed decisions about using cryptocurrency as part of their financial strategy.