Bitcoin has a market cap that is slightly more than $2 trillion and gold has a market cap that is nearly $20 trillion. So in that regard, bitcoin has a price that is about 1/10 the price of gold.
1/10 means that here too, investing in Bitcoin is safer than gold.
If for some reason the price of $10 falls (both gold and Bitcoin).
The change in the market cap of gold will be ≈ -0.30%
On the other hand, the change in the market cap of Bitcoin will be only ≈ -0.0086%
It could take 50-200 years for the relative prices to play out, and surely bitcoin could go up or gold could also go up or maybe gold goes down in order to achieve bitcoin's 1,000x or more better than gold position.
I'm 100% agree with you , Bitcoin 1,000x or more better than gold position.
Bitcoin has a low market cap due to its low supply.
But as its acceptance increases, its price is increasing and its market cap is increasing.
On the other hand, the high supply of gold (6.7 billion ounces) and the large amount of gold used by people have increased its market cap.
This large amount of gold use is not a history of a few decades, it is a history of a few centuries. People have been familiar with gold since 3000 BC. Then, at some point, people started using it as a valuable exchangeable substance. Due to this long history of gold, almost all people in the world are aware of it, which is why most people use gold.
Bitcoin's journey started a decade and a half ago, but the acceptance that Bitcoin has gained among people in this short time makes gold nowhere near it.
The current market cap of gold is $22.398 trillion.
To capture this market cap of gold, the price of one Bitcoin should be (22 398 000 000 000 ÷ 19 700 000) = $136 955. The acceptance that Bitcoin has gained among people and the amount of trust that people currently have in Bitcoin for their financial security makes me think that it won't be long before the price of Bitcoin crosses 1.136 million and the market cap of Bitcoin will surpass the market cap of gold.
Tell me as much as you want, I am the most confident Bitcoin of all time (100,000 times more than other assets)
Understand the reality, buy, buy, buy, buy for the future.