Bitcoin seen as digital gold due to fixed supply, Pushpendra Singh notes

Pushpendra Singh, crypto educator and blockchain enthusiast, emphasizes that Bitcoin has a fixed supply of 21 million coins, making it impossible for any central bank to create additional units.

He suggests that this scarcity is a key reason why many refer to Bitcoin as digital gold, while other market commentary is considered less important.

Singh has previously commented on other aspects of financial regulation and markets. He explained a new scheme that allows small taxpayers to disclose their foreign assets and crypto holdings, paying 60% tax with no additional penalty in recent coverage. Singh also critiqued headlines about India's status in equities, referencing a survey that ranked the country behind Indonesia as Asia’s least preferred stock market in another analysis.

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