Bitcoin was designed to function as digital gold, a decentralised store of value that protects wealth from inflation, currency debasement, and the long-term dominance of the dollar. Currently, the market behaviour is telling a different story as de-dollarisation accelerates and investors seek safety from geopolitical risk and inflation pressures, with gold capturing the bulk of that capital. Is Bitcoin Still A Store Of Value Or A Risk Asset? Crypto investor Himanshu Sinha has stated on X that Bitcoin was supposed to be digital gold because it was built for de-dollarisation, but gold and silver are winning the trade and fulfilling that role. Over the past year, gold has risen by roughly 55%, silver has surged around 150%, while BTC has remained flat
source: https://www.newsbtc.com/bitcoin-news/bitcoins-digital-gold-thesis/