Gold will always be the ultimate money. The only but very important advantage of bitcoin compared to gold is that bitcoin is cheaper to audit and provide proof of reserves.
Ummm... bitcoin is not just
cheaper to audit and POR, but for Gold it is neigh *impossible* to audit/show proof. Countries can't just call each other's bluff on true Gold reserves (if there even are any) and go take a peek, so everyone is just playing the fractional reserve game of "I'm telling you what we have, so you just have to
believe me". Usually at the point of a gun.
It's all bullshit, of course. All the supposed Gold reserves backing all the ETFs are long gone. Probably to the private vaults of the Rothschilds, our evil overlords.
A true worldwide run on Gold (i.e., physical possession) would come up empty for many large and small investors.