people still debate whether $BTC is digital gold or just another tech asset

the fixed supply argument is strong. 21M cap. scarcity built in. but then you look at how it moves with nasdaq and suddenly it feels more like a risk-on play

truth is it's probably both. store of value thesis takes time. correlation with equities doesn't kill the narrative, just means adoption is still early and dominated by the same crowd trading tech stocks

long term the gold comparison makes sense. short term it trades like everything else in this market