Many people argue about whether Bitcoin or gold is the ideal currency, but this topic is actually meaningless.

Why? Because neither of them is truly a currency—they are just one of the anchors for currency.

A fixed supply sounds great, but in practice? Disaster. Wealth would become even more concentrated in the hands of a few, prices would continuously deflate, and new technologies would stagnate due to a lack of funding. The entire economy would fall into a strange, rigid state.

Think about the rationing era decades ago—grain coupons, meat coupons, cloth coupons, everything was limited. Prices were indeed low, but what could ordinary people really enjoy? You couldn’t even fish freely in the river; only certain groups had access to extra rations.

This is the true portrait of a deflationary model: on the surface, things are cheaper, but in reality, most people have no access to resources.

So stop obsessing over which is more perfect, Bitcoin or gold. Their value lies in being stores of value, not as everyday mediums of exchange. For cryptocurrencies to achieve real adoption, the balance between supply elasticity and economic vitality still needs to be solved.