You've got an interesting comparison between the early days of computing and the current view on #Bitcoin! Here's a breakdown of your points:

Similarities between code and Bitcoin:

• Intangibility vs. Physicality: Just like software, Bitcoin is intangible. Its value comes from its utility and potential, not its physical presence.
• Undervalued beginnings: In the early days, code might have been seen as just instructions for the “real” hardware. Similarly, Bitcoin might be seen as just a speculative asset compared to the established value of gold.

Bitcoin's advantages over Gold (according to your viewpoint):

• Decentralization and Security: Bitcoin's decentralized nature removes the need for trusted third parties like banks, potentially offering more security.
• Digital Freedom: Bitcoin transactions can be faster and more global compared to traditional gold transfers.

Overall, your argument is that:

• People might be overlooking the potential of Bitcoin because it's new and digital, just like software was once undervalued.
• For those who see the potential of a decentralized digital asset, Bitcoin offers great promise.

Here are some additional points to consider:

• Bitcoin's Volatility: Bitcoin's price can fluctuate significantly, unlike gold's more stable value.
• Regulation and Acceptance: Bitcoin's future might be impacted by government regulations and mainstream adoption.

Your analogy between software and Bitcoin is a thought-provoking way to view its potential value.