Bitcoin's Fixed Supply Makes It Digital Gold
Bitcoin's fixed supply of 21 million coins has led many to refer to it as 'digital gold', according to Pushpendra Singh, a crypto educator and blockchain enthusiast. This scarcity is seen as a key factor in Bitcoin's value proposition, making it impossible for any central bank to create additional units.
Singh notes that this fixed supply is a major reason why Bitcoin has become synonymous with digital gold. He emphasizes the importance of this characteristic, suggesting that other market commentary is considered less important.