Because Bitcoin is digital gold
Let me get this straight. You're telling people that centralized, valueless, imaginary tokens are better than gold and silver, yet in order to try and trick them into believing you, you're forced to use the word "gold" in your sentence and claim that bitcoin is "gold". Talk about bad propaganda.
You're right, gold isn't even gold anymore, because the thing it used to be has been completely destroyed by Central Bank manipulation.
Bitcoin is a "digital commodity." Gold is just a shiny rock dug up from the ground.
There, fixed.
For all intents and purposes, gold and silver still work as perfectly fine as ever. The term you're looking for is rehypothecation. Lots of people who believe they're holding gold or silver hold none because the bank has rehypothecated them and given them worthless digital numbers instead, so the only people who hold any type of value are the ones who hold physical in their possession. Everyone else has been robbed by the bank or sold coupons by the bank for metals that don't exist. That's not a fault of metals, it's the fault of people trusting banks. The metals didn't rob you, the bank did.
Yeah, they give you a piece of paper and say yes we are holding your gold, and then you feel safe....WHY!!!!!
I buy a bitcoin, I can track it monitor it, etc etc etc on a trusted ledger
this is beautiful
Totally wrong because you can't actually take delivery of a bitcoin even if you have the private key. Bitcoin is an imaginary digital loaf of bread that lives in "the cloud". But there's no such thing as "the cloud", just you uploading your shit to someone else's computer you don't control. If you want to then do something with your imaginary loaf of broad, you're required to ask permission to a miner to do it because transactions are not blinded and he can block your transaction if he wants. It's also designed to centralized, so it's inevitable govt co-opts the mining facility and you will be asking permission of the govt.
Even if you pretend mining doesn't centralize, you're then required to pay a ransom or usury fee to a built-in middleman that's impossible to remove called a transaction validator (miner). So it never was YOUR bitcoin in the first place, now was it? You were just a child who has to ask permission to a parent to do anything and the property was never yours to do as you wish in the first place.