The links between Bitcoin and gold run much deeper than their shared role as a store of value and hedge against inflation. | Credit: Sven Hoppe/picture alliance via Getty Images. Key Takeaways Bitcoin is often referred to as “digital gold.” The analogy runs much deeper than their shared role as a store of value. Both assets are embedded in the global financial system, partly thanks to high-profile cheerleaders like Paolo Ardoino. The common analogy between Bitcoin and gold emphasizes shared featur ...