CoinVoice has recently learned, according to Decrypt, that academic research has explored the relationship between Bitcoin and gold as stores of value. The study found that, although Bitcoin is referred to as 'digital gold', it currently lacks the historical record, stability, and resilience in times of crisis that gold possesses.
Bitcoin's volatility is much higher than that of gold, and its correlation with traditional assets is unstable. Nevertheless, as the Bitcoin market matures and volatility decreases, its role as a portfolio diversification tool may strengthen. [Original link]