{"id":6037,"date":"2025-11-27T16:19:59","date_gmt":"2025-11-27T16:19:59","guid":{"rendered":"https:\/\/cryptolinks.com\/news\/?p=6037"},"modified":"2025-11-27T16:20:23","modified_gmt":"2025-11-27T16:20:23","slug":"is-bitcoin-no-longer-digital-gold","status":"publish","type":"post","link":"https:\/\/cryptolinks.com\/news\/is-bitcoin-no-longer-digital-gold","title":{"rendered":"Is Bitcoin No Longer \u201cDigital Gold\u201d? What Analysts Get Wrong (And What Actually Matters)"},"content":{"rendered":"<p>Have you ever bought Bitcoin after hearing it called \u201cdigital gold\u201d\u2026 only to watch it crash 60\u201370% and think: <em>wait, this doesn\u2019t feel like gold at all<\/em>?<\/p>\n<p>If that\u2019s you, you\u2019re not crazy.<\/p>\n<p>Gold usually moves a few percent here and there. Bitcoin can nuke half its value in a few weeks, then 3x again the next year. It\u2019s the financial equivalent of riding a rollercoaster while someone keeps shouting, \u201cRelax, it\u2019s just like gold!\u201d<\/p>\n<p>So what\u2019s going on? Is the \u201cdigital gold\u201d label outdated, wrong, or just a half\u2011truth that gets weaponized by influencers and marketing teams?<\/p>\n<p>For any asset to be marketed as \u201cdigital gold,\u201d it needs more than a catchy slogan \u2013 it needs clear, everyday use cases that people actually touch. Bitcoin\u2019s deflationary design and halving schedule are a big part of the narrative, making the supply scarcer over time and, in theory, supporting the price.<\/p>\n<p>But as with most ingenious fintech ideas, the majority of people don\u2019t engage with the technical mechanics; they meet it through products and services they already understand. That\u2019s why a lot of the real-world crunch test for BTC happens in familiar arenas like online casino gaming. Online casinos have been around for over a quarter of a century, and the industry has been forced to keep things fresh by fusing traditional games with modern payment systems. The\u00a0<a href=\"https:\/\/www.ignitioncasino.eu\/casino\" rel=\"noopener\">casino games at Ignition<\/a>\u00a0are a good example: they aim to strike this balance by bringing together conventional titles that have been on the market for 100+ years and layering in blockchain-powered payments to expand their casino game selection for a wider audience.<\/p>\n<p>As poker tips move to YouTube, strategy guides live on forums, and whole communities watch top pros battle it out online, it\u2019s not surprising that this digital-first casino landscape has become one of the most visible use cases for Bitcoin\u2014even while the bigger question of whether it truly deserves the \u201cdigital gold\u201d label is still very much up for debate.<\/p>\n<p>In this article, I want to strip away the drama and help you actually understand what you\u2019re dealing with. Not in theory, but in the way that matters when it\u2019s your money on the line.<\/p>\n<p>By the time you\u2019re done, you\u2019ll have a clearer view of:<\/p>\n<ul>\n<li>Why so many people are fed up with the \u201cdigital gold\u201d tagline<\/li>\n<li>Why Bitcoin\u2019s reality (volatility, speculation, macro risk) clashes with the gold story<\/li>\n<li>How the narrative around BTC has changed over the years\u2014and why that matters for you<\/li>\n<li>What you should pay attention to instead of just slogans<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6040\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Confusion-Around-Digital-Gold.jpg\" alt=\"Confusion Around \u201cDigital Gold\u201d\" width=\"1000\" height=\"750\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Confusion-Around-Digital-Gold.jpg 1000w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Confusion-Around-Digital-Gold-300x225.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Confusion-Around-Digital-Gold-768x576.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h2>The Confusion Around \u201cDigital Gold\u201d: Why It Bothers People<\/h2>\n<p>The phrase \u201cdigital gold\u201d sounds safe, solid, almost boring in a good way. When people hear \u201cgold\u201d, they think:<\/p>\n<ul>\n<li>Stability<\/li>\n<li>Long\u2011term wealth preservation<\/li>\n<li>Protection during crises<\/li>\n<\/ul>\n<p>Now compare that to what actually happens with Bitcoin.<\/p>\n<ul>\n<li>2017: BTC runs to almost $20k, then crashes about 80% over the next year.<\/li>\n<li>2021: BTC hits around $69k, then slides to under $20k again\u2014another drawdown of roughly 75%.<\/li>\n<li>In between: daily moves of 5\u201310% are completely normal, not \u201cblack swan\u201d events.<\/li>\n<\/ul>\n<p>That\u2019s not how gold behaves. In the 2008 crisis, for example, gold initially dipped with everything else, but then spent years grinding higher as fear stayed in the system. Its drawdowns tend to be slower and shallower\u2014think 20\u201330% over long stretches, not 70% in one brutal cycle.<\/p>\n<p>So when newcomers hear \u201cdigital gold\u201d, they often expect something like a safer, modern version of a gold bar. What they actually get is an asset that trades more like a high\u2011growth tech stock plugged directly into global liquidity and speculation.<\/p>\n<p>That gap between <strong>expectation<\/strong> and <strong>reality<\/strong> is where the anger and confusion come from.<\/p>\n<h3>The Promise vs. Reality: Why People Feel Misled<\/h3>\n<p>Over the last few years, I\u2019ve lost count of how many messages I\u2019ve seen that go something like:<\/p>\n<blockquote><p>\u201cI bought Bitcoin because everyone said it was digital gold and a hedge. Why did it crash with tech stocks when the Fed started hiking rates?\u201d<\/p><\/blockquote>\n<p>Here are the main pain points I see people run into again and again:<\/p>\n<ul>\n<li><strong>They expected safety.<\/strong> The word \u201cgold\u201d signals low risk. But Bitcoin is still one of the most volatile mainstream assets on the planet. When you think you\u2019re buying a seatbelt and you get a rocket engine instead, that\u2019s a problem.<\/li>\n<li><strong>They don\u2019t know if it\u2019s a hedge or a gamble.<\/strong> Is Bitcoin supposed to protect you from inflation? Is it just a leveraged bet on the global money printer? Or is it simply speculative tech that lives and dies with risk appetite?<\/li>\n<li><strong>They\u2019re scared of being the last buyer.<\/strong> Narratives like \u201cdigital gold\u201d, \u201cinstitutional adoption\u201d, \u201cAI meets BTC\u201d pump people up. But when price tanks, many realize they never had a real thesis\u2014just a catchy story they heard on X, TikTok, or from a YouTuber.<\/li>\n<\/ul>\n<p>And it\u2019s not just retail. Analysts, funds, and even some institutions flip flop on what Bitcoin is supposed to be:<\/p>\n<ul>\n<li><strong>2010\u20132015:<\/strong> \u201cMagic internet money\u201d, \u201cdigital cash\u201d, \u201cpeer\u2011to\u2011peer money for the unbanked\u201d<\/li>\n<li><strong>2016\u20132020:<\/strong> \u201cDigital gold\u201d, \u201cstore of value\u201d, \u201chard money\u201d<\/li>\n<li><strong>2020\u20132022:<\/strong> \u201cMacro asset\u201d, \u201cinflation hedge\u201d, \u201cinstitutional grade\u201d<\/li>\n<li><strong>Now:<\/strong> \u201cDigital gold + tech growth + AI narrative + ETF product\u201d all layered together<\/li>\n<\/ul>\n<p>When the story changes this often, it\u2019s no wonder people question what exactly they\u2019re holding.<\/p>\n<h3>The Promise: I\u2019ll Separate Narratives From Facts (So You Decide For Yourself)<\/h3>\n<p>I want to make you a simple promise for the rest of this article: I\u2019m not here to cheerlead Bitcoin, and I\u2019m not here to tell you it\u2019s doomed. I\u2019m here to help you see through the noise so you can decide, with a clear head, what role (if any) BTC should have in your life and portfolio.<\/p>\n<p>That means breaking down the \u201cdigital gold\u201d idea into pieces you can actually work with, including questions like:<\/p>\n<ul>\n<li>Why do so many critics say Bitcoin is <em>not<\/em> digital gold?<\/li>\n<li>How do central bankers and legendary investors really see Bitcoin behind the headlines?<\/li>\n<li>Why do some \u201cgold\u2011themed\u201d Bitcoin forks and clones keep getting ignored or even delisted?<\/li>\n<li>What matters more than the label when you\u2019re making real decisions with your money?<\/li>\n<\/ul>\n<p>I\u2019ll point out where the digital gold narrative makes real sense\u2014especially for certain types of users and in certain countries\u2014and where it completely falls apart, especially if you expect gold\u2011like behavior during market stress.<\/p>\n<p>No hype, no doom, no tribal wars. Just straight talk and examples.<\/p>\n<h3>How We Got Here: From \u201cMagic Internet Money\u201d To \u201cDigital Gold\u201d<\/h3>\n<p>To understand why \u201cdigital gold\u201d causes so much drama today, you have to look at how Bitcoin\u2019s story evolved.<\/p>\n<h4>Phase 1: Peer\u2011to\u2011Peer Electronic Cash<\/h4>\n<p>Bitcoin started with Satoshi Nakamoto\u2019s 2008 whitepaper: <em>\u201cBitcoin: A Peer\u2011to\u2011Peer Electronic Cash System.\u201d<\/em> The early pitch was clear:<\/p>\n<ul>\n<li>Send money to anyone, anywhere in the world<\/li>\n<li>Without banks, governments, or payment processors<\/li>\n<li>With censorship resistance baked into the protocol<\/li>\n<\/ul>\n<p>For a while, this felt realistic. Fees were low, the network wasn\u2019t congested, and early adopters could send small transactions cheaply.<\/p>\n<h4>Phase 2: The Block Size Wars and Reality Check<\/h4>\n<p>As Bitcoin got more popular, something changed: it got slower and more expensive for everyday payments during busy times. The network can only handle a certain number of transactions per block, and blocks are limited in size. That led to years of intense arguments (the \u201cblock size wars\u201d) about how to scale:<\/p>\n<ul>\n<li>One camp wanted bigger blocks for more transactions on\u2011chain.<\/li>\n<li>Another camp wanted to keep blocks small for decentralization and push scaling to second layers like the Lightning Network.<\/li>\n<\/ul>\n<p>Fees started spiking during bull runs, sometimes hitting tens of dollars for a simple transaction. Confirmations could take longer during congestion. Suddenly, the idea of buying coffee with BTC every morning didn\u2019t look so practical anymore.<\/p>\n<p>This is when a lot of people quietly stopped treating Bitcoin as daily \u201ccash\u201d and started thinking of it as something else.<\/p>\n<h4>Phase 3: The Pivot to Scarcity and \u201cStore of Value\u201d<\/h4>\n<p>Bitcoin has one design choice that makes marketing people salivate: a hard cap of 21 million coins, released on a predictable schedule with halving events roughly every four years.<\/p>\n<p>As fees rose and the \u201ceveryday cash\u201d story got weaker, the community leaned hard into this scarcity angle:<\/p>\n<ul>\n<li>\u201cOnly 21 million will ever exist.\u201d<\/li>\n<li>\u201cEvery halving cuts new supply in half.\u201d<\/li>\n<li>\u201cUnlike fiat, no central bank can print more BTC.\u201d<\/li>\n<\/ul>\n<p>This shift lined up nicely with macro trends. After 2008, and especially after 2020, central banks flooded the world with liquidity. People started searching for assets that couldn\u2019t be inflated away. That\u2019s when the phrase \u201cdigital gold\u201d really took off.<\/p>\n<p>The comparison felt natural on the surface:<\/p>\n<ul>\n<li>Gold is scarce and expensive to mine. Bitcoin is scarce by code.<\/li>\n<li>Gold sits outside the banking system. Bitcoin lives on a decentralized network.<\/li>\n<li>Both attract people who are skeptical of government money and long\u2011term debt levels.<\/li>\n<\/ul>\n<p>The problem? This rebranding carried a hidden promise: that Bitcoin would one day behave <em>like<\/em> gold in people\u2019s portfolios. Slow, defensive, a place to park wealth when you don\u2019t trust the system.<\/p>\n<p>But the price action didn\u2019t get that memo. Bitcoin kept moving like a leveraged bet on global risk appetite, not like a 5,000\u2011year\u2011old store of value with central banks hoarding it.<\/p>\n<h4>Phase 4: Buzzword Soup\u2014Macro Asset, ETF Play, AI Narrative<\/h4>\n<p>As time went on, people kept stacking new angles on top of the digital gold story:<\/p>\n<ul>\n<li>\u201cBitcoin is a macro asset that trades with global liquidity cycles.\u201d<\/li>\n<li>\u201cBitcoin is an institutional product now\u2014just look at ETFs.\u201d<\/li>\n<li>\u201cBitcoin will secure AI, or be the native money of the AI economy.\u201d<\/li>\n<\/ul>\n<p>Some of these ideas have pieces of truth in them. Bitcoin <em>does<\/em> react to interest rates, liquidity, and institutional flows. Spot ETFs in the US have changed how some investors access BTC. And there are real projects exploring Bitcoin\u2019s role in a more automated, AI\u2011driven world.<\/p>\n<p>But from the outside, especially if you\u2019re new, it can feel like the story keeps shifting to match whatever narrative is hot that year.<\/p>\n<p>That\u2019s why we\u2019re now at this weird point where:<\/p>\n<ul>\n<li>One group still calls it digital gold.<\/li>\n<li>Another calls it a high\u2011beta tech asset.<\/li>\n<li>Another treats it like a political project, not just an investment.<\/li>\n<\/ul>\n<p>And you\u2019re left wondering: <em>which version am I actually buying?<\/em><\/p>\n<h3>What I\u2019ll Cover Next (And Why You Should Stick Around)<\/h3>\n<p>Right now we\u2019ve set the stage: how the \u201cdigital gold\u201d label was born, why it caught on, and why it leaves so many people confused\u2014or even angry\u2014when Bitcoin doesn\u2019t act like the metal it\u2019s compared to.<\/p>\n<p>In the next part, I\u2019m going to get very direct and answer the question people usually whisper in private chats:<\/p>\n<blockquote><p>\u201cIs Bitcoin really digital gold\u2026 or is it just a risky tech asset with a shiny narrative?\u201d<\/p><\/blockquote>\n<p>We\u2019ll look at:<\/p>\n<ul>\n<li>How Bitcoin\u2019s volatility compares to gold and high\u2011growth stocks<\/li>\n<li>What the data says about BTC\u2019s correlation with the Nasdaq vs. gold<\/li>\n<li>Why history and institutional use matter when you call something \u201cgold\u201d<\/li>\n<li>Where the digital gold idea still actually works\u2014and where it flat out doesn\u2019t<\/li>\n<\/ul>\n<p>If you\u2019ve ever wondered whether you\u2019re buying a hedge or just joining a leveraged tech trade with a cool story, you\u2019ll want to keep reading.<\/p>\n<p>So here\u2019s the real test: when markets panic, does Bitcoin behave more like gold\u2026 or more like the riskiest corner of tech? Let\u2019s look at that next.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6045\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Is-Bitcoin-Really-Digital-Gold-Or-Just-a-Risky-Tech-Asset.jpg\" alt=\"Is Bitcoin Really \u201cDigital Gold\u201d Or Just a Risky Tech Asset\" width=\"1500\" height=\"1000\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Is-Bitcoin-Really-Digital-Gold-Or-Just-a-Risky-Tech-Asset.jpg 1500w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Is-Bitcoin-Really-Digital-Gold-Or-Just-a-Risky-Tech-Asset-300x200.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Is-Bitcoin-Really-Digital-Gold-Or-Just-a-Risky-Tech-Asset-1024x683.jpg 1024w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Is-Bitcoin-Really-Digital-Gold-Or-Just-a-Risky-Tech-Asset-768x512.jpg 768w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/p>\n<h2>Is Bitcoin Really \u201cDigital Gold\u201d Or Just a Risky Tech Asset?<\/h2>\n<p>If you\u2019ve ever bought Bitcoin thinking, \u201cThis is my digital gold hedge,\u201d and then watched it drop 60% in a year\u2026 yeah, that hurts.<\/p>\n<p>This is exactly where the confusion starts. The label sounds safe and old-school, but the price chart looks like a Silicon Valley startup on leverage.<\/p>\n<p>So let\u2019s be straight: if we\u2019re going to call Bitcoin \u201cdigital gold\u201d, it should at least behave a little bit like gold, right? Not like a meme stock with a whitepaper.<\/p>\n<p>To keep it useful for you as an investor, I\u2019ll break this down into what actually matters in the real world: volatility, correlation with other assets, history, and how people actually use both Bitcoin and gold.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6044\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Volatility-Gold-Is-Boring-On-Purpose-Bitcoin-Is-Not.jpg\" alt=\"Volatility Gold Is Boring On Purpose, Bitcoin Is Not\" width=\"1000\" height=\"498\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Volatility-Gold-Is-Boring-On-Purpose-Bitcoin-Is-Not.jpg 1000w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Volatility-Gold-Is-Boring-On-Purpose-Bitcoin-Is-Not-300x149.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Volatility-Gold-Is-Boring-On-Purpose-Bitcoin-Is-Not-768x382.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h3>Volatility: Gold Is Boring On Purpose, Bitcoin Is Not<\/h3>\n<p>Gold is like that quiet kid in class who never causes problems. Bitcoin is the one doing backflips off the table.<\/p>\n<p>Look at how they behave in the real world:<\/p>\n<ul>\n<li><strong>Gold<\/strong> typically sees major drawdowns of around <strong>20\u201330%<\/strong> over longer stretches.<\/li>\n<li><strong>Bitcoin<\/strong> has repeatedly crashed <strong>50\u201380%<\/strong> in a single cycle.<\/li>\n<\/ul>\n<p>Some quick real examples:<\/p>\n<ul>\n<li><strong>2017\u20132018:<\/strong> BTC went from about $20,000 to under $4,000 \u2013 roughly a <strong>80% drop<\/strong>.<\/li>\n<li><strong>2021\u20132022:<\/strong> BTC fell from about $69,000 to under $16,000 \u2013 again around <strong>75%<\/strong>.<\/li>\n<li><strong>Gold in the same 2020\u20132022 window:<\/strong> peak around $2,070, bottom around $1,620 \u2013 about a <strong>20\u201325% drawdown<\/strong>.<\/li>\n<\/ul>\n<p>Researchers notice this too. If you check studies on asset volatility, Bitcoin often shows annualized volatility in the <strong>60\u201380%<\/strong> range, while gold usually sits around <strong>10\u201320%<\/strong>. In plain English: Bitcoin\u2019s price jumps around several times more than gold.<\/p>\n<p>Now, why does this actually matter?<\/p>\n<ul>\n<li><strong>Hedge assets are supposed to calm you down in a crisis.<\/strong> Gold has earned that \u201cboring\u201d reputation for a reason. It usually doesn\u2019t explode, but it also doesn\u2019t implode when things get ugly.<\/li>\n<li><strong>If your \u201chedge\u201d falls like a tech startup stock when risk is off the table, regular investors feel tricked.<\/strong> The word \u201cgold\u201d makes people think \u201csafety\u201d, not \u201crollercoaster\u201d.<\/li>\n<\/ul>\n<p>This doesn\u2019t mean Bitcoin is bad. Volatility cuts both ways \u2013 it\u2019s also why early holders saw 10x, 20x and more. But calling it \u201cdigital gold\u201d without stressing the volatility is like selling a sports car as \u201cthe perfect family minivan\u201d. Technically it moves people\u2026 but that\u2019s not the point.<\/p>\n<h3>Correlation: Bitcoin Often Trades Like Tech, Not Like Gold<\/h3>\n<p>The next big question is: what does Bitcoin <em>move with<\/em>?<\/p>\n<p>\u201cDigital gold\u201d suggests it should act like a hedge \u2013 something that holds up when stocks are falling, when the world feels shaky. But in practice, especially since 2020, Bitcoin has behaved much closer to a high-beta tech asset.<\/p>\n<p>Here\u2019s what we\u2019ve seen in real market cycles:<\/p>\n<ul>\n<li><strong>Cheap money era (2020\u20132021):<\/strong>\n<ul>\n<li>The Fed cut rates to zero, printed like crazy, and flooded markets with liquidity.<\/li>\n<li>Tech stocks exploded. So did Bitcoin.<\/li>\n<li>Multiple studies found Bitcoin\u2019s correlation with the <strong>Nasdaq 100<\/strong> rising at times to around <strong>0.5\u20130.7<\/strong> (0 means no relationship, 1 means they move together almost perfectly).<\/li>\n<\/ul>\n<\/li>\n<li><strong>Tightening era (2022):<\/strong>\n<ul>\n<li>The Fed hiked rates aggressively.<\/li>\n<li>Growth stocks tanked.<\/li>\n<li>Bitcoin fell almost in lockstep with risk assets, not like a separate \u201csafe haven\u201d.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Gold, on the other hand, tends to act differently:<\/p>\n<ul>\n<li>It often <strong>holds value better when stocks fall<\/strong>, especially during fear-driven periods.<\/li>\n<li>It can benefit from <strong>geopolitical tension and crisis<\/strong> more reliably than Bitcoin has so far.<\/li>\n<li>Its correlation with the Nasdaq tends to be much weaker and often closer to zero over long stretches.<\/li>\n<\/ul>\n<p>So if your asset:<\/p>\n<ul>\n<li>Pumps when tech pumps, and<\/li>\n<li>Dumps when tech dumps,<\/li>\n<\/ul>\n<p>\u2026then calling it \u201cdigital gold\u201d is at least partly marketing. It may have a gold-like story behind it, but the trading behavior screams \u201crisk asset\u201d more than \u201ctimeless store of value\u201d.<\/p>\n<p>Again, that doesn\u2019t kill the Bitcoin thesis. It just means that, in today\u2019s macro environment, big players treat BTC closer to a <strong>high-growth tech bet with a monetary twist<\/strong> than a pure \u201canti-crisis\u201d shield.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6043\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Scarcity-vs.-History-What-Gold-Has-That-Bitcoin-Doesnt-Yet.jpg\" alt=\"Scarcity vs. History What Gold Has That Bitcoin Doesn\u2019t (Yet)\" width=\"1000\" height=\"667\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Scarcity-vs.-History-What-Gold-Has-That-Bitcoin-Doesnt-Yet.jpg 1000w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Scarcity-vs.-History-What-Gold-Has-That-Bitcoin-Doesnt-Yet-300x200.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Scarcity-vs.-History-What-Gold-Has-That-Bitcoin-Doesnt-Yet-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h3>Scarcity vs. History: What Gold Has That Bitcoin Doesn\u2019t (Yet)<\/h3>\n<p>This is where Bitcoin supporters are absolutely right about one thing: the scarcity model is powerful.<\/p>\n<p>Bitcoin has:<\/p>\n<ul>\n<li>A hard-coded cap of <strong>21 million coins<\/strong>.<\/li>\n<li>A predictable issuance schedule controlled by <strong>halving events roughly every 4 years<\/strong>.<\/li>\n<li>Transparent rules that anyone can audit by running a node.<\/li>\n<\/ul>\n<p>Gold\u2019s scarcity is very different:<\/p>\n<ul>\n<li>It\u2019s physical and costly to mine.<\/li>\n<li>We can\u2019t just \u201cturn off\u201d more gold the way we can stop new Bitcoin beyond 21M.<\/li>\n<li>There\u2019s always some uncertainty about how much more can be discovered or extracted profitably.<\/li>\n<\/ul>\n<p>But here\u2019s where gold still crushes Bitcoin today: <strong>time, trust, and integration into the global system.<\/strong><\/p>\n<ul>\n<li><strong>Thousands of years as money:<\/strong>\n<ul>\n<li>Empires, wars, currency collapses \u2013 gold has seen it all.<\/li>\n<li>It\u2019s been used as a store of value and medium of exchange across cultures for centuries.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Central bank reserves:<\/strong>\n<ul>\n<li>As of the mid\u20112020s, central banks hold around <strong>35,000+ tonnes<\/strong> of gold.<\/li>\n<li>They actively buy gold as a <strong>strategic reserve asset<\/strong>.<\/li>\n<li>No central bank is meaningfully holding Bitcoin on the balance sheet yet.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Regulatory clarity and deep liquidity:<\/strong>\n<ul>\n<li>Gold is regulated, traded, and accepted in pretty much every jurisdiction.<\/li>\n<li>Markets for gold are massive, liquid, and well-understood.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Bitcoin is still dealing with:<\/p>\n<ul>\n<li><strong>Regulatory uncertainty:<\/strong> different rules country to country, changing all the time.<\/li>\n<li><strong>Political risk:<\/strong> bans, restrictions, tax pressure, and surveillance concerns.<\/li>\n<li><strong>Adoption patterns:<\/strong> ETFs, trading platforms, Bitcoin companies \u2013 yes. But not yet widespread use as an official reserve asset.<\/li>\n<\/ul>\n<p>So can Bitcoin become a true \u201cdigital gold\u201d in the future? Possibly. The fundamentals are there: fixed supply, censorship resistance, portability, self-custody. But <strong>it hasn\u2019t earned gold\u2019s historical status yet<\/strong>. It\u2019s more like a talented rookie compared to a grizzled veteran.<\/p>\n<h3>Where The \u201cDigital Gold\u201d Narrative Still Makes Sense<\/h3>\n<p>Now let\u2019s be fair. There are places where \u201cdigital gold\u201d doesn\u2019t feel like marketing at all \u2013 it feels very real.<\/p>\n<p>If you live in a country with:<\/p>\n<ul>\n<li><strong>Hyperinflation<\/strong> (think Venezuela, Zimbabwe, Lebanon-style situations),<\/li>\n<li><strong>Capital controls<\/strong> (your government blocks you from sending money abroad), or<\/li>\n<li><strong>Banks you simply cannot trust<\/strong>,<\/li>\n<\/ul>\n<p>\u2026then Bitcoin can act a lot more \u201cgold-like\u201d than it does for someone in New York or Berlin.<\/p>\n<p>I\u2019ve heard countless stories and seen reports of people using BTC to:<\/p>\n<ul>\n<li>Move value across borders when banks block international transfers.<\/li>\n<li>Escape rapid currency devaluation when savings are evaporating in months.<\/li>\n<li>Hold assets in self-custody so they\u2019re not frozen on a whim.<\/li>\n<\/ul>\n<p>In those contexts, BTC\u2019s volatility is painful, but still often beats the local currency\u2019s collapse. To them, it really can feel like a kind of \u201cdigital gold\u201d \u2013 not because it\u2019s calm, but because it\u2019s <strong>the only realistic alternative they can access<\/strong>.<\/p>\n<p>On top of that, long-term Bitcoin holders (\u201cHODLers\u201d) often treat BTC like a savings technology:<\/p>\n<ul>\n<li>They don\u2019t care about day-to-day price moves.<\/li>\n<li>They stack sats over years, not weeks.<\/li>\n<li>They often combine <strong>gold and Bitcoin together<\/strong> as an \u201canti-fiat\u201d basket \u2013 physical and digital hard assets side by side.<\/li>\n<\/ul>\n<p>So while the \u201cdigital gold\u201d label can mislead newcomers into thinking \u201clow risk\u201d, it still describes a very real mindset: <strong>using Bitcoin as long-term, censorship-resistant, non-sovereign money<\/strong>.<\/p>\n<h3>How I Personally Think About It As an Investor<\/h3>\n<p>Here\u2019s how I frame it in my own head \u2013 and this is after watching Bitcoin markets every day for years.<\/p>\n<ul>\n<li><strong>Bitcoin:<\/strong>\n<ul>\n<li>A <strong>high-risk, high-upside macro\/tech asset<\/strong> with a hard-money story.<\/li>\n<li>Behaves like a <strong>leveraged bet<\/strong> on:\n<ul>\n<li>global liquidity,<\/li>\n<li>adoption of a new monetary network,<\/li>\n<li>and the idea that more people will reject pure fiat over time.<\/li>\n<\/ul>\n<\/li>\n<li>Long-term, it <strong>might<\/strong> grow into something that truly deserves the \u201cdigital gold\u201d title in a deep, institutional way.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Gold:<\/strong>\n<ul>\n<li>A <strong>slow, boring, defensive store of value<\/strong>.<\/li>\n<li>Backed not by code, but by <strong>history and tradition<\/strong>.<\/li>\n<li>Less exciting, less upside \u2013 but usually less pain when markets break.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Personally, I don\u2019t rely on Bitcoin <strong>alone<\/strong> as my hedge against inflation or systemic risk. I see it as:<\/p>\n<ul>\n<li>A potential future form of \u201cdigital gold\u201d,<\/li>\n<li>A powerful tool for self-custody and borderless value transfer,<\/li>\n<li>But still a <strong>speculative, high-volatility asset today<\/strong>.<\/li>\n<\/ul>\n<p>If you think of it that way, the \u201cdigital gold\u201d angle becomes a <strong>long-term possibility<\/strong>, not a guarantee written in stone. You can still be bullish on Bitcoin while being honest about what it actually is right now.<\/p>\n<p>And this brings up a question a lot of people don\u2019t ask enough:<\/p>\n<blockquote><p>If Bitcoin really is on its way to becoming \u201cdigital gold\u201d, why do the people running the current system \u2013 central bankers, legendary investors \u2013 still talk about it the way they do?<\/p><\/blockquote>\n<p>In other words: what do Jerome Powell, Warren Buffett, and the old guard actually think is going on here\u2026 and how much should you care?<\/p>\n<p>That\u2019s exactly what I\u2019m going to break down next \u2013 and some of their comments might surprise you more than the price chart ever did.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6039\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/What-Do-The-Powerful-People-Say-Jerome-Powell-Buffett-And-The-Old-Guard.jpg\" alt=\"What Do The Powerful People Say Jerome Powell, Buffett, And The Old Guard\" width=\"1000\" height=\"667\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/What-Do-The-Powerful-People-Say-Jerome-Powell-Buffett-And-The-Old-Guard.jpg 1000w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/What-Do-The-Powerful-People-Say-Jerome-Powell-Buffett-And-The-Old-Guard-300x200.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/What-Do-The-Powerful-People-Say-Jerome-Powell-Buffett-And-The-Old-Guard-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h2>What Do The Powerful People Say? Jerome Powell, Buffett, And The Old Guard<\/h2>\n<p>Like it or not, Bitcoin doesn\u2019t live in a vacuum. It lives in a world where central bankers can move markets with a sentence, and billionaires can nuke sentiment with a one\u2011liner on CNBC.<\/p>\n<p>So if you\u2019re trying to decide how seriously to take the whole \u201cdigital gold\u201d idea, it\u2019s smart to ask: what do the people who actually control the money pipes and the legacy system think about Bitcoin?<\/p>\n<p>Let\u2019s look at two of the biggest names: Jerome Powell and Warren Buffett. Not because they\u2019re always right, but because their opinions shape regulation, media narratives, and the comfort level of big money.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6041\" src=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Does-Jerome-Powell-Call-Bitcoin-Digital-Gold.jpg\" alt=\"Does Jerome Powell Call Bitcoin \u201cDigital Gold\" width=\"1000\" height=\"563\" srcset=\"https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Does-Jerome-Powell-Call-Bitcoin-Digital-Gold.jpg 1000w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Does-Jerome-Powell-Call-Bitcoin-Digital-Gold-300x169.jpg 300w, https:\/\/cryptolinks.com\/news\/wp-content\/uploads\/2025\/11\/Does-Jerome-Powell-Call-Bitcoin-Digital-Gold-768x432.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h3>Does Jerome Powell Call Bitcoin \u201cDigital Gold\u201d?<\/h3>\n<p>Short answer: no. Not even close.<\/p>\n<p>Jerome Powell, the chair of the U.S. Federal Reserve, has been pretty consistent about how he sees Bitcoin and the broader crypto space. His language changes a bit over the years, but the core message stays the same: Bitcoin is speculative, not money, and definitely not some new kind of safe reserve asset.<\/p>\n<p>Here\u2019s how his stance usually breaks down.<\/p>\n<ul>\n<li><strong>\u201cSpeculative asset,\u201d not currency.<\/strong> In multiple hearings and press conferences, Powell has described Bitcoin as a \u201cspeculative asset\u201d and said it is \u201cnot really useful as a store of value\u201d or as a means of payment, at least in the way the Fed defines money. In a 2021 House Financial Services Committee hearing, for example, he said cryptocurrencies are \u201chighly volatile and therefore not really useful as a store of value\u201d and are \u201cmore of a speculative asset that is essentially a substitute for gold rather than for the dollar.\u201d Notice the nuance: he compares it to gold <em>as a substitute in people\u2019s minds<\/em>, but he\u2019s not granting it the badge of \u201cdigital gold\u201d or official hedge status.<\/li>\n<li><strong>Concerned about investor protection.<\/strong> Powell regularly brings up the risk that retail investors don\u2019t fully understand what they\u2019re buying when they jump into crypto. His usual talking points:\n<ul>\n<li>People can get wiped out by volatility.<\/li>\n<li>There\u2019s a lot of leverage and risk-taking in the ecosystem.<\/li>\n<li>Scams and frauds are real and frequent.<\/li>\n<\/ul>\n<p>In Fed\u2011speak, this all falls under \u201cconsumer protection.\u201d In normal language, it\u2019s basically: <em>\u201cWe think a lot of you will get wrecked.\u201d<\/em><\/li>\n<li><strong>Worried about financial stability if the crypto footprint grows.<\/strong> Right now, even at hundreds of billions in market cap, Bitcoin is still small compared to global debt and equity markets. Powell has said in several conferences that as crypto grows, the Fed cares less about the price of BTC and more about whether:\n<ul>\n<li>Traditional banks are exposed through lending, trading, or derivatives.<\/li>\n<li>Highly leveraged crypto players can trigger contagion (think of collapses like Three Arrows Capital or FTX rippling into the wider system).<\/li>\n<li>Stablecoins and tokenized assets could impact how money markets work.<\/li>\n<\/ul>\n<p>That\u2019s where Bitcoin\u2019s speculative label becomes a policy issue: if the \u201cspeculation\u201d is big enough, it can hit the banking system he oversees.<\/li>\n<li><strong>Illicit activity: not the main thing, but always mentioned.<\/strong> He often throws in the usual line about crypto being used for illicit activity: money laundering, ransomware, sanctions evasion. Interestingly, multiple independent studies (including by Chainalysis and the UN) have shown that the share of crypto transactions linked to illicit activity is tiny compared to total volume, and that the traditional banking system still launders more money in absolute terms. But from a Fed chair\u2019s perspective, even a small channel for bad actors is something that needs to be flagged and regulated.<\/li>\n<\/ul>\n<p>If you zoom out, the picture is clear: Powell does <strong>not<\/strong> treat Bitcoin as digital gold, a reserve asset, or anything the Fed would consider \u201csafe.\u201d He sees it as:<\/p>\n<ul>\n<li>A speculative asset that people treat like a gold alternative.<\/li>\n<li>A risk factor if it gets too entangled with the banking system.<\/li>\n<li>Something that needs strong oversight for investor protection and AML reasons.<\/li>\n<\/ul>\n<p>That matters because central banks set the tone for things like:<\/p>\n<ul>\n<li>How strictly banks are allowed to work with Bitcoin companies.<\/li>\n<li>How regulators treat Bitcoin ETFs, custody, and capital requirements.<\/li>\n<li>Whether Bitcoin is ever even considered as a reserve asset (right now: no).<\/li>\n<\/ul>\n<p>As long as the head of the Fed thinks of Bitcoin as speculation, not a store of value, the path to official \u201cdigital gold\u201d status is slower. It doesn\u2019t stop Bitcoin, but it explains why most central banks buy more physical gold every year and zero BTC.<\/p>\n<h3>What Warren Buffett Says About Bitcoin (And Why It Stings)<\/h3>\n<p>If Powell is the polite central banker voice saying \u201cbe careful,\u201d Warren Buffett is the grandpa on the porch saying, \u201cThis whole thing is nonsense.\u201d<\/p>\n<p>And because he\u2019s Warren Buffett, people listen.<\/p>\n<p>Over the years, he\u2019s dropped some brutal lines about Bitcoin:<\/p>\n<ul>\n<li><strong>\u201cRat poison squared.\u201d<\/strong> In 2018, he called Bitcoin \u201cprobably rat poison squared.\u201d That quote has been recycled endlessly, especially during bear markets.<\/li>\n<li><strong>\u201cIt doesn\u2019t produce anything.\u201d<\/strong> He often says that Bitcoin does not generate earnings, cash flow, or dividends. It just sits there, and your only hope of profit is someone else paying more later.<\/li>\n<li><strong>Wouldn\u2019t buy all the BTC in the world.<\/strong> In a 2022 interview, he said if you offered him all the Bitcoin in the world for $25, he wouldn\u2019t take it, because \u201cit doesn\u2019t produce anything.\u201d Compare that with his love for assets like farms or real estate, where he can forecast future cash flows.<\/li>\n<\/ul>\n<p>To understand why he talks like this, you need to understand his framework.<\/p>\n<ul>\n<li><strong>He invests in productive assets, not \u201cgreater fool\u201d bets.<\/strong> Buffett\u2019s core philosophy is simple:\n<ul>\n<li>Buy businesses that generate predictable, growing cash flows.<\/li>\n<li>Hold them for a long time.<\/li>\n<li>Let compounding do the work.<\/li>\n<\/ul>\n<p>To him, a good investment is something that:<\/p>\n<ul>\n<li>Creates value (products, services, profits).<\/li>\n<li>Returns some of that value to you (dividends, buybacks).<\/li>\n<\/ul>\n<p>Bitcoin doesn\u2019t fit that box. It doesn\u2019t run a factory, own a brand, or pay income. It\u2019s more like a collectible with a market price.<\/li>\n<li><strong>He doesn\u2019t love gold either.<\/strong> Here\u2019s the nuance a lot of people miss: his criticism of Bitcoin is almost copy\u2011pasted from things he has said about gold. He once joked about gold:<br \/>\n<blockquote><p>\u201cWe dig it out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility.\u201d<\/p><\/blockquote>\n<p>So when he calls Bitcoin \u201crat poison squared,\u201d he\u2019s lumping it in with non\u2011productive assets like gold, not singling it out as uniquely evil. From his lens, both are just bets that someone else will pay more later.<\/li>\n<li><strong>He is not a tech or monetary experiment guy.<\/strong> Buffett took forever to get comfortable with companies like Amazon and Apple, and he famously sat on the sidelines for most of the dot\u2011com boom. That doesn\u2019t make him dumb; it just means he stays in a very specific circle of competence: predictable cash\u2011generating businesses. A decentralized digital monetary network with algorithmic scarcity is about as far outside his comfort zone as it gets.<\/li>\n<\/ul>\n<p>So what do his comments actually mean for Bitcoin?<\/p>\n<ul>\n<li><strong>They hurt mainstream sentiment.<\/strong> When one of the world\u2019s most trusted investors repeatedly trashes an asset, a lot of conservative investors just write it off without even researching it.<\/li>\n<li><strong>They\u2019re a useful reality check if you\u2019re over\u2011hyping BTC.<\/strong> If you catch yourself thinking Bitcoin is a guaranteed ticket to riches, Buffett\u2019s voice is a reminder: there are no risk\u2011free bets here. Price appreciation still requires someone else to value it higher in the future.<\/li>\n<li><strong>They don\u2019t address Bitcoin\u2019s unique properties.<\/strong> None of his quotes go into:\n<ul>\n<li>Decentralization.<\/li>\n<li>Censorship resistance.<\/li>\n<li>Global settlement without intermediaries.<\/li>\n<li>Strict supply cap enforced by open\u2011source code.<\/li>\n<\/ul>\n<p>He\u2019s not doing a deep analysis of Bitcoin as a monetary network. He\u2019s basically saying: \u201cIt doesn\u2019t throw off cash, so I don\u2019t want it.\u201d That\u2019s a valid personal preference, but it doesn\u2019t fully answer the question of whether it can act as a modern kind of store of value for others.<\/li>\n<\/ul>\n<p>An interesting side note: plenty of assets Buffett passed on, like Amazon and Google in their early years, went on to dominate the world. That doesn\u2019t mean Bitcoin will do the same, but it does show that \u201cBuffett doesn\u2019t like it\u201d is <em>not<\/em> the final word on future value, especially in tech\u2011driven areas.<\/p>\n<h3>How Much Should You Care About These Opinions?<\/h3>\n<p>At this point, it\u2019s fair to ask: OK, Powell thinks it\u2019s speculative, Buffett thinks it\u2019s rat poison\u2026 so what do I actually do with that?<\/p>\n<p>Here\u2019s how I think about it.<\/p>\n<ul>\n<li><strong>Powell matters for rules, not for price targets.<\/strong> His opinion is crucial for:\n<ul>\n<li>How banks can interact with Bitcoin companies.<\/li>\n<li>How tough regulations around custody, capital requirements, and KYC\/AML become.<\/li>\n<li>How comfortable institutional players feel holding or offering BTC products.<\/li>\n<\/ul>\n<p>He\u2019s not trying to value Bitcoin; he\u2019s trying to keep the legacy system stable. From his seat, Bitcoin is just one of many things that can shake that stability if it gets too big and too leveraged. If you care about long\u2011term adoption, access, and integration with the traditional system, you should pay attention to what he says.<\/li>\n<li><strong>Buffett matters for sentiment and how older capital thinks.<\/strong> His words are like a giant \u201cwarning label\u201d slapped on Bitcoin for pension funds, conservative family offices, and small investors who worship his style. That has two effects:\n<ul>\n<li>It slows adoption among very conservative capital.<\/li>\n<li>It keeps the narrative battle alive: is Bitcoin a productive investment, or just digital tulips?<\/li>\n<\/ul>\n<p>But remember: he\u2019s not a macro hedge fund manager or a monetary theorist. He\u2019s a value investor in mature businesses. Bitcoin sits in a completely different mental bucket.<\/li>\n<li><strong>You still have to own your decision.<\/strong> At the end of the day, neither Powell nor Buffett is going to:\n<ul>\n<li>Pay your bills if your BTC bag nukes 70%.<\/li>\n<li>Share your upside if Bitcoin ends up acting like a powerful long\u2011term store of value.<\/li>\n<\/ul>\n<p>Their views are useful inputs, not final verdicts. You can use them to stress\u2011test your own thinking:<\/p>\n<ul>\n<li>If Powell is right and crypto stays speculative, are you okay treating BTC as a high\u2011risk asset, not a guaranteed hedge?<\/li>\n<li>If Buffett is wrong and Bitcoin\u2019s \u201cnon\u2011productive\u201d nature still ends up storing value over decades, are you comfortable missing that upside entirely?<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Here\u2019s how I\u2019d put it to a friend:<\/p>\n<ul>\n<li>Listen to Powell when you think about regulation, banking access, and how \u201cinside the system\u201d Bitcoin might become.<\/li>\n<li>Listen to Buffett when you\u2019re tempted to believe any asset is a one\u2011way ticket up and to the right.<\/li>\n<li>But don\u2019t let either of them do your thinking for you. Their incentives, time horizons, and worldviews aren\u2019t yours.<\/li>\n<\/ul>\n<p>Bitcoin was literally built as an alternative to the system people like Powell oversee and the asset world people like Buffett dominate. So of course they\u2019re cautious or hostile. The real question is what <em>you<\/em> believe about money, risk, and the role Bitcoin should play in your own portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Bitcoin really \u201cdigital gold\u201d or just a risky tech bet with a shiny story? In this honest guide I break down volatility, correlations, inflation hedge claims, ETFs and shifting narratives so you stop feeling misled and finally understand what Bitcoin actually is, how it really behaves in crises, and how to use it (or avoid it) in your portfolio with clear, no\u2011hype insights.<\/p>\n","protected":false},"author":1,"featured_media":6042,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/posts\/6037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/comments?post=6037"}],"version-history":[{"count":3,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/posts\/6037\/revisions"}],"predecessor-version":[{"id":6047,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/posts\/6037\/revisions\/6047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/media\/6042"}],"wp:attachment":[{"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/media?parent=6037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/categories?post=6037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptolinks.com\/news\/wp-json\/wp\/v2\/tags?post=6037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}