Its possible to be both. Gold is only something used as a counter balance, so goldbug to me would mean someone who holds far too much. I'd say about 1% is fine for most people as often the actual wealth people have to lay away for ten years is tiny. Thats the time scale for gold really, it'd be more relevant stated as a kind of cash hold in a pension.
The QE programs are tied to pension funds owned by government. So anyone reliant on that could get a horrible shock one day, hence gold would qualify as a non parallel asset neither dollar nor bond. Forget price, in risk terms its positive to a portfolio
I agree the bugs overlook the ideas that BTC enables and its a great shame. Some compromise by both sides would be best, but thats the idea of a goldbug I guess
A goldbug actually means, if a person likes having gold. Gold is treated as an investment, so it doesn't mean that all goldbugs hold a shitload of gold. A true goldbug never really likes bitcoin. Or any crypto. Its against their traditions.
What do QE programs have to do with goldbugs?