According to
JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?

Courtesy- Financial Express
Bitcoin is digital gold and that means it's faster. I can move it to a thousand places in seconds. He is stronger. I can pawn a hundred million dollars for three hours in Japan on a Saturday afternoon.
Considering the fact that Bitcoin is an infinitely hard commodity while gold can be produced by people with sufficient motivation, I realized that in the long run, Bitcoin is a harder commodity than gold.