Lot of investors are in one way selling their gold to secure some portion of bitcoin.
What do you think could be their reasons;
Their reasons are obvious. You can see how bitcoin is bearly less than 16years old and is growing so rapidly chasing the market cap of gold, so you don't need to ask again because it's surly obvious that bitcoin is the best asset to invest in right now regardless of anything.
Bitcoin would give quick returns than Golden? Yes. Then why didn't they invested earlier?
Talking about not investing earlier, gold has been the best investment opportunity for a very long time, which almost everyone see as the best investment opportunity but as bitcoin emerged and did pretty well, it took the attention of everyone and many people are beginning to switch. So you can't ask why they didn't invest earlier because everyone must surely try to see how far an asset will last before they can invest to avoid Ponzi sceme.
Bitcoin could soon become a legal tender?
Gold won't be as profitable as Bitcoin immediately he is sworn in as president?
That I don't know, I don't think It will be possible anytime soon because for bitcoin to be a legal tender it must be accepted generally by everyone but since most people don't want bitcoin it will not be possible as thought.