比较 $BTC 与黄金的早期阶段

I think the 'early days' part is key. Imagine trying to explain gold's value to someone who only knew bartering. BTC is in a similar, albeit technologically advanced, position right now regarding mainstream understanding.

I agree the store of value narrative is strong, but the volatility comparison to gold's early days seems a bit off. Gold had inherent utility beyond just a store of value, which Bitcoin still struggles with in the same way.

While the 'digital gold' argument has merit, the regulatory landscape is a huge difference. Gold wasn't born into a world of instant global communication and government oversight attempts. That's a significant factor.