Gold and Bitcoin, two distinct stores of value, intertwined in the modern financial landscape. Bitcoin's meteoric rise as a digital asset speaks to its growing significance, with a market cap now rivaling physical gold. A fascinating convergence of traditional and digital wealth.
These two assets are likely to continue to compete indirectly through the number of users over time, because Bitcoin users will also continue to grow and Bitcoin will also continue to be well known to all people, just like gold which is also well known to many people. So competition in terms of value and market capitalization will continue to exist between these two assets so this will be very interesting to see, because Bitcoin is a little more modern than gold even though gold can still be relied on as a store of value for most people.
For me gold led me to bitcoin. Being in both is a good thing to avoid inflation, I realized that these two communities have very similar narratives. There is no reason this or any other narrative should exist in either community. Both must be owned and society must be united and must have both, as has been explained, Bitcoin is a modern asset that exists today.
Because the only reason Gold has remained a universal form of currency for this long is because for most of history it lacked the advanced industrial technology to replace it. With the presence of Blockchain technology, bitcoin is always better.