Whereas, the confidence of goldbugs in gold is actually a historic perspective which is probably overconfident. The future of gold as a reliable settlement vehicle is dismal.
If it's so dismal, why can't you name a single counter-example to replace it? You will find nothing to replace the noble metals in this regard. Bitcoin is also a CURRENCY, not money, just like any attempt to replace bitcoin will also be a
currency. CURRENCY has never been a good investment on a long timeline ever. Currency never holds value. It doesn't matter if it's bitcoin or anonymint coin, they all implode to worthless. They are RECEIPTS for money.
An educated person can honestly state that bitcoin is almost like an attempt to scam people into redefining what the word "money" means when it can't even fulfill that role and can only be a currency in the first place.