Keyword reference — entries that mention this term in body prose.
4 entries reference this keyword in body prose.
The whitepaper's title names a payment system; section 6's gold is an issuance analogy. Satoshi designed one thing — hard issuance, cash use — whose scarcity later tilted it toward digital gold.
Bitcoin's 'digital gold' status rests on two layers of decentralization — system and people/organization — and six structural features no later cryptocurrency combines to the same degree.
How Bitcoin's 21 million cap emerges from a geometric halving series, how block rewards transition from subsidy to fees, and how the incentive model sustains honest mining.
What Satoshi's design assumed about a fee-only future, and the documented debate over whether transaction fees alone can sustain proof-of-work security after the block subsidy ends around 2140.