I don't see a problem in picking up gold though. You need to understand one things first. Gold is not an investment! It is being used since ages for capital protection. Gold has other uses as well but let's just talk about its main use and that is capital protection. Also gold is extremely liquid which you can sell it at any point of time if you are in need of money. So there no way traditional people will choose bitcoin over gold. Because they prefer peace of mind.
If you wanted capital protection then shouldn't real estate be the first thing that you should consider, I heard that they appreciate much faster compared to other forms conventional investment. Plus, it's really difficult to sell your gold especially in a peer to peer scenario where you expect it to sell at a high price and people who will buy is trying to haggle you to the point of loss. Plus what peace of mind exactly? Bitcoin offers that too, even insurance offers that.