Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...
Gold is a physical thing and it is the one of the rarest metals available on our earth that's why the price of gold is expensive which is related to the supply and demand of gold.But bitcoin is a virtual currency and still bitcoin didn't complete a decade so it needs some decades of centuries to adopt to the new technology of virtual currency,so until that gold will be considered as valuable.
If here provide the 10000 dollars for you, you will choose to buy the BTC or gold?