Bitcoin can't replace GOLD. Gold have value around the world like bitcoin. But the point is Gold is known every rural areas in the world. And how will bitcoin replace the Gold? By putting bitcoin in accesories? JK.
Until now the market has often compared gold with bitcoin and analyzed which assets can benefit greater investors.
From the supply side, actually these two assets both have a limited amount of supply, but bitcoin has characteristics that have the potential to provide greater value to investors compared to gold.