Bitcoin Is Undoubtedly The New Gold.

When a country is at war or prints too much money, the value of Bitcoin and gold remain unaffected, while the value of that country’s currency plummets. No federal reserve can devalue Bitcoin. Some analysts predict that more people and businesses will buy Bitcoin instead of gold. Gold is inconvenient because it requires space. Just like physical fiat money, transferring gold is timely and costly.
Gold requires storage space, guards, and a ton of fees attached to its logistics. Even Co-founder of Microsoft Bill Gates said “Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” He also said “Bitcoin is exciting because it shows how cheap it can be,” referring of course to Bitcoin’s cheap transaction fees.
You can literally store 100 million dollars worth of Bitcoin in a single Bitcoin wallet. Imagine how inconvenient it can be to store or transfer 100 million dollars worth of gold! Central banks around the world are realizing this and they are considering to buy Bitcoin as a currency reserve, instead of gold. That can potentially increase the demand of Bitcoin, and as I already mentioned, with its limited supply, that can bring the price of Bitcoin into new unimaginable territory.