As said earlier, I'm brand new to bitcoin and feel like I'm having a red pill moment as I learn what bitcoin is and what it can do. I'm now asking myself if gold is even still relevant. The purpose behind gold was that it was a store of wealth that couldn't be manipulated by inflation, couldn't be counterfeited, etc.

Well, bitcoin can apparently fulfill all of those conditions that gold can, plus it's liquid and nonphysical, meaning I can use it to instantly purchase something from the other side of the planet. Doing that with gold will always require using a fiat currency. Even if gold were to become the currency again, like in ancient times, purchasing goods online would always require using gold notes of some sort, and gold notes were THE original fiat currency, and are perhaps the most vulnerable form of money there is in terms of inflation and counterfeiting.

So in light of blockchain technology, I'm seeing gold being worth no more than its value as a commodity. What do yous guys think?