Yes Bitcoin is the digital age equivalent of gold. It is honest as gold because its issuance requires energy equivalent to its value to be expended. Bitcoin and gold create economies where capital accumulation and consequence allocation are done by those who provide the goods and services people want and value. In contrast with fiat money where governments use their power and monopoly over the 'lawful' use of force to issue fiat money which is then franchised out to private bankers who issue most of the fiat in circulation via debt issuance. Fiat money gives governments and bankers an extraordinary privilege over and above citizens- With fiat the price of capital is set by bankers operating the monopoly imposed by governments. This distorts capital accumulation and allocation as it is only bankers and governments that command this power to create new money out of thin air and debt issuance. An economy operating on The Bitcoin Standard would be a free market in capital and would tend to enable market driven capital allocation rather than the arbitrary allocation bankers and governments tend to exercise. A Bitcoin Standard monetary system would not prevent governments from taxing and allocation tax revenue toward projects and purposes agreed upon but would prevent politicians and bankers from debasing privately held liquid capital/cash. Whether this can ever come to pass is arguable given the considerable power and wealth held by the fiat operators and their considerable success already in banning the use of Bitcoin as a MoE in 70% of the world and obstructing its use as a MoE in the other 30% of the world via the sly designation of Bitcoin as a speculative commodity and the consequent imposition of tax recording and payment obligations upon anyone who chooses to use Bitcoin as a MoE.