That's very unlikely, Bitcoin is similar to gold as a store of value and in many attributes is better than gold, but why would it replace it? Bitcoin and gold are very different, so bitcoin will coexist with gold just as gold coexists with silver. And besides, gold also has innate aesthetic value and gold jewelry will always be valued.
I think that there is also an aesthetic in bitcoin. For a programmer, beautifully written code is the same aesthetic beauty as gold jewelry for an ordinary person. Beautiful systems are always a delight. Bitcoin is also a beautiful system in itself and well deserves the title of aesthetic art. It's just that it's also practically useful
Therefore, the two of them will not replace each other, because both will continue to run in accordance with their respective portions. Both of them have many advantages that can be utilized by many people, so that something that has enthusiasts in society will not be replaced and they will forever go together and of course will continue to grow because that is what will happen as a store of value.