The global economy is still weak despite what has been done (or not) since 2008. People, countries, central banks started to realize this and cover their ass by turning to Gold
From what I know, gold determines the value of a country's currency depending on the number of their respective reserves. People seem to compare bitcoin to gold but what makes them different is its innate value and accessibility.
No, this is definitely not going to happen. Because gold is a completely dysfunctional metal. Bitcoin is an investment tool that has more functions than even money.
Agree no one is now interested in gold because bitcoin has achieved the best investment title for everyone, we should have believe that moving with time is important so gold is old fashioned investment now. When you are travelling you can carry bitcoin with you but you can carry of get your needs with gold, so I think people still love only bitcoin
Bitcoin and gold investments are different and depend on your goal as an investor. One would argue that bitcoin may be better in terms of realizing short-term income and others would prefer purchasing gold instead. Diversify your portfolio by considering each depending on your need.