People heavily struggle to sell their Gold for fiat at spot prices in the local market here. If you try to sell your Gold to a pawn shop or jeweler they'll mostly offer you a price that could range from 5-10% below spot price, which isn't really that convincing. Why should people buy into this? I can sell my Bitcoins over spot value at any time of the day locally, or at spot value through exchanges. I can use Bitcoin as money as well, where if you try that with Gold you'll be declared a nutter.

Buy 1BTC (or less if you can't afford it) and you'll see that every government and corporation won't be able to mock you any longer as fourth class citizen.