The points about states adopting gold to hedge against USD volatility are spot on, JunaidAzizi’s concern about central governments struggling with price control if demand spikes is a real issue. Especially with gold’s price already basically x3 from since 2010.
Bitcoin’s somewhat slower adoption doesn’t mean it lacks value here. Its decentralized nature makes it immune to geopolitical pressures affecting gold, state-controlled price manipulation, or sanctions on physical asset transfers. Countries facing sanctions might find Bitcoin easier to move than gold. I agree with sana84210’s diversification idea about holding both could balance the portfolio, with gold for stability and Bitcoin for its unique resilience in such scenarios.