...while extreme fanatics believe that Bitcoin is far better than gold. Bitcoin was born in the wake of the 2008 financial crash as a libertarian currency and as an instrument that could help cushion the event of a future financial crisis.
Why is gold a safe-haven to begin with? What makes gold have a price? The mining cost is irrelevant to the extreme valuation of this asset.
There is a limited number of bitcoins than can ever exist. On the other had there is a lot of gold in the solar system.
Bitcoin has 2 weaknesses.
1. The bitcoin encryption could be broken. Be it QC or a clever algorithm or whatever. That would make bitcoin almost worthless overnight.
2. The blockchain grows every day. Unless something is done, eventually it will become too big. And then one by one the nodes will quit supporting the network.
Compared to gold, bitcoin is unsecure. Gold can't lose all of its value overnight.