Bitcoin’s scarcity has earned it the nickname “digital gold,” and the comparison holds weight. The worth of gold is that it’s incredibly scarce—miners simply can’t dig up unlimited amounts. Bitcoin performs the same function on the Internet. It’s mining, where speedy computers solve difficult puzzles in exchange for coins, which becomes increasingly difficult each second, similar to excavating from deeper depths. A single Bitcoin was worth approximately $108,000 in early 2025, valuing it at what people believe it’s worth. Investors such as Michael Saylor, whose firm MicroStrategy owns over 200,000 bitcoins, are counting on this scarcity as insurance. If gold has been an insurance asset for a century, Bitcoin is its internet counterpart.