If we are to accept Anthony's comparison of bitcoin ("digital gold") to gold because both have finite quantities, the annualized return of gold in the last 50 years has been around 7.6% per year, while the S&P 500 has delivered an annualized return of approximately 10.4% over the same period. When there is inflation, wouldn't the value of bitcoin be affected accordingly just like paper money? Why is bitcoin any "better", because any other coin can also have limited quantities or supply. The only major difference is that the amount of marketing push and branding of bitcoin.
If we are to accept Anthony's comparison of bitcoin ("digital gold") to gold because both have finite quantities, the annualized return of gold in the last 50 years has been around 7.6% per year, while the S&P 500 has delivered an annualized return of approximately 10.4% over the same period. When there is inflation, wouldn't the value of bitcoin be affected accordingly just like paper money?
Why is bitcoin any "better", because any other coin can also have limited quantities or supply. The only major difference is that the amount of marketing push and branding of bitcoin.