Gold always was and always will be the ultimate store of wealth, you just have to ignore short term price noise.
well said. the point here is about value storage. gold may not rise nearly as much as bitcoin over time (though the 2001-2011 run was pretty magnificent). but there are other considerations. gold has a history of thousands of years; bitcoin, less than 10. that's a huge difference in risk profile.
that's why it makes sense for wealthy people to dump only a small amount into bitcoin. they need to hedge wisely, not strike it rich.