Why is bitcoin called digital gold?

• First of all, Bitcon is called digital gold, as there is a limited amount of it. Its prey decreases with time, and once completely cease.
  “Bitcoin, like gold, is used to store savings, being an alternative to fiat money, which is constantly depreciated as a result of inflation.
• It is also possible to attribute the inadequate value as Bitcoin to similarities. and gold. It would seem that limited resources with constantly high demand, i.e. they must grow in value constantly.
• Persistence, on confused with the storage of capital and savings. Those. Bitcoin purely theoretically can be destroyed if certain circumstances prevail, but in life this is unlikely. Gold does not enter into chemical reactions and is one of the most durable materials on the planet. Every ounce that has ever been mined is still on Earth, excluding the small portion that was used in spacecraft.

1. The means of accumulation
   Since mid-2017, everyone has been actively saying that Bitcoin perfectly performs the function of a means of accumulation. This is justified because it suffers from scalability problems, which prevents investors from sending more than 7 transactions per second. When there was a rush at the end of 2017 in the cryptocurrency market, the bitcoin blockchain reached 200 thousand unconfirmed transactions, and the commission reached another $ 50. This is very much by the standards of cryptocurrency.
   But with all the security at the highest level. Bitcoin wallet can not be hacked, to steal money from cold storage is also not realistic. Therefore, it is an excellent solution for capital accumulation.
2. Limited Emission
   Similarly, gold is bitcoin limited in production. A maximum of 21 million coins can be obtained, this code was programmed by the creator of the cryptocurrency Satoshi Nakamoto. Also in the production of Bitcoin there is another feature: every 4 years, the reward for the found block drops 2 times. Thus, until 2013, each miner received 50 bitcoins for generating a new block, 25 2013 bitcoins in 2013-2017, now the reward is 12.5 bitcoins.
   The last award for the generated block will receive in 2140. Further miners will receive only commissions for confirmation of transactions.
3. Price increase
   The price of gold, like Bitcoin, can rise sharply and fall sharply. But if you look at the long term, this is a constant growth. When you buy gold, you can be sure that the price will not fall below the cost of production, similarly to Bitcoin, its price for 9 years of its existence has never been lower than the cost of mining. Simple facts will help to make sure of constant growth:
   2009 - $ 0.003;
   2010 - $ 1;
   2011 - $ 1;
   2012 - $ 2.32;
   2013 - $ 46.40;
   2014 - $ 276;
   2015 - $ 153;
   2016 - $ 349;
   2017 - $ 757;
   2018 -?
   As you can see, the price of Bitcoin has never been below the lows of the previous year, which indicates a long-term uptrend. The exception is 2015, but in that period the price did not fall for a long time, it was a fast backache and the price immediately returned to normal quotes.
   Conclusion:
   Bitcoin, like gold, is difficult to produce, it is not convenient to use as a means of payment, both have limited emissions, both show a price increase in the long term. Therefore, Bitcoin is compared to gold and is called “digital gold”.