Bitcoin's soaring price has earned him the status of digital gold. However, the price determined by market speculation makes it an investment that is not risk-free.
While gold, this glorious Metal spread all over the world, applies and can be traded in any country, although not created by a real figure. Gold is available in limited quantities, and this is what causes price increases over time.

There's a big grey area between a store of value and outright default.  Certainly, the nature of the government has a lot to do with the performance of its debt.  What applies universally is that the incentives for the elites are to maximize the debt issuance and to inflate away their debt over the long term.

The consumer price index is known to be manipulated to show lower figures over the decades.  Even if it was accurate, it would only reflect consumer price inflation, not asset price inflation which is much higher.  Consumer prices are artificially suppressed by various financial-repression measures jointly put in by the elites of the US and developing countries to prop up the dollar.  Among all the paper wealth created by central banks, governments and 'markets', eventually at least a large proportion will go into consumer price inflation, one way or another (otherwise, there would be a complete financial meltdown by debt default.)

For long-term play, there are gold ETFs, and also gold accounts in state-owned banks (such as China offers its citizens.)

The latter are really a minor form of gold standard (except that state-issued claims on gold are denominated in weight rather than currency units.)  The history of all gold standards is that they collapse as the authorities run out of the physical stuff to redeem paper claims.  And gold ETFs don't even have the state behind them!

Honestly, I don't think there should be significant difference between asset price inflation and consumer price inflation, at least not in the long term. It may be so that CPI is somewhat lagging behind PPI but on long enough timeframes they should follow each other pretty close. Besides, the inflation reports can be rigged year in and year out, but you simply can't rig them year after year since the cumulative discrepancy would be too obvious for everyone to notice and point a finger at the government.

I think the difference bitcoin gold and bitcoin is the price the unstable price of bitcoin makes bitcoin a  berry popular asset of gaining because everyday we  can really have an opportunity of gaining through buy  selling process i believe that bitcoin is more profitable than gold on investing process of gaining because gold is always in a high price status and it is almost stable.

If you think that gold price has decreased by 33% within a week, I think the world economy was experiencing great chaos. We are living the same chaos now, Bitcoin will come to its former value. Just buying is not enough We need to believe in Bitcoin's power.

Yes I agree on that I also reffer in bitcoin than gold because we can really have many more opportunity in bitcoin due to the unstable price which is really good for buy and selling process of gaining  because we are really need to have more extra income thus time around and gold may not have the opportunity that we need because gold may count a year before its price change and it is really expensive because it is  almost always at the high price status.So then I believe that bitcoin is more amazing than gold.

in my opinion bitcoin is still a champion and very profitable than gold, the total supply that bitcoin possesses is definitely less than gold and it will definitely make bitcoin prices very easy to rise and fall in contrast to the gold that its availability is unlimited.

This was basically the point I was making.  But over the last two decades plus, rich-world consumer price inflation has been seriously and continuously below asset price inflation.  What do you think has been happening?  And what will happen when the cumulative effect of the difference must eventually be cleared out?  (That is, we have much more asset wealth than the wealth in products and services, at current prices -- these must somehow equalize eventually.)


This seems reasonable, but I'll give you an example.  I've calculated that the price of a basic, cheap, clean motel room in the US over the last 20 years has really risen on average 6% per year, compounded.  Yet the CPI over this period has been 2% in the worst years.  Granted, motel rooms aren't part of the CPI 'basket,' the conclusion I had to draw was that, the public don't really hold the CPI accountable over the long term, since few people carry out and publish calculations like this.  On a year to year basis, the CPI may be a little on the low side.  Over the decades, the cumulative difference is big.