Bitcoin and gold are alike in various ways as they both have a limited supply, offer security and anonymity. However, Bitcoin holds an advantage in portability; it eliminates the need for an intermediary such as a bank or broker. While gold is valuable due to being scarce and taking physical resources to mine, Bitcoin can be sent anywhere globally within minutes without requiring any carrying costs. Although Bitcoin exists only digitally and has no tangible property like gold,it cannot be counterfeited or easily confiscated by governments compared to physical Gold making it a better investment instrument than Gold for savvy investors.

#Wbtm