BlockBeats news, on December 13th, 10xResearch posted on social media that the BTC network's decision to prioritize Decentralization over increasing transaction throughput has played a crucial role in solidifying BTC's identity as "digital gold". This classification provides a framework for TradFi investors to understand BTC's role in portfolio management as digital gold, a risk mitigation tool, or an inflation hedge. It also provides insights into BTC's potential valuation trajectory. The total above-ground gold stock is approximately $18 trillion, with $8 trillion coming from jewelry, which BTC is unlikely to replace. However, BTC can occupy $4 trillion in private investments (gold bars and coins), $31 trillion in Central Bank reserves, and $2.7



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