Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree that it's a silly comparison to make, but I think it's just the method that people use for comparisons because it makes sense to the average Joe. Without comparisons, it's very hard to get someone to understand what makes Bitcoin a good investment opportunity. Gold is a good way to explain Bitcoin to someone who won't understand the in depth nature of it. Why do you think news coverage called and continues to call Bitcoin "Digital Gold?" It all has to do with how easily they can catch the viewer's attention.
They are different things though, but it's just the nature of media coverage.