I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.
To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money.
Well, it is not really necessary that if you invest on gold, you will need to have it on your posession. You can definitely trade with gold. Also, if you are really heavy in investing to gold or jewelries, you wanna keep it in safe vaults and don't wear it on public, because you cant really wear them all at the same time. Hence, unless you make open for public to see, that is the only time that criminals will target you. I have nothing against bitcoin or gold, in fact I have invested to both of them along with other investments.