Not at all. Bitcoin can't replace Gold. First of all,Gold is a tangible,precious metal with a value.it's a treasure for all mankind.it can be found and can be use by anyone.Gold can be used as a resource too.since the beginning of the World, Gold is already there.however, bitcoin is a digital currency that can be used and traded by the use of the Internet. When the internet is gone, bitcoin is gone too. Bitcoin is not a treasure to keep.that being said,you can't really compare bitcoin and gold to one another.they their own value and purpose.