digital gold
The term "digital gold" is often used to describe digital assets that are considered valuable and stable, similar to gold in traditional finance.
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Definition
B2Cryptocurrencies
(informal, technical)A cryptocurrency, especially Bitcoin, regarded as a secure store of value due to its limited supply.
Example
- Many investors consider Bitcoin to be digital gold because of its scarcity and value retention.
B2Digital Assets
(technical, financial)A digital representation of physical gold, allowing ownership and trading online without physical handling.
Example
- Digital gold enables investors to buy and sell gold without the need for physical storage.
Similar
Terms that have similar or relatively close meanings to "digital gold":
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