Gold being the source of store of value of money since times immemorial.   It can be stored in its physical form as well as in the form of purchasing gold bonds.  In countries like India Gold has always been a safe investment because it can be kept safely being occuping little space.  People are also fond of keeping gold jewellery. In the emergency periods people used to sell it and get the desired jobs.

Bitcoin is very new subject.   Still most of the people are unaware of it.  Low education levels; non awareness and safety measures will keep people away from this option.  Always there is fear that these may be stolen by fraudsters.  One needs to be full aware and educated / informed how to keep this safe.

Though the more and more people will come into it's fold but I do not see bitcoin taking the place of gold in near future.