Bitcoin is just a better version of gold.
Are we doing this again?
There have been so many threads comparing bitcoin and gold, aren't you tired and what do you expect when you say this on the bitcoin forum? No matter what you say, there is one fact that you and those who are biased towards bitcoin cannot change. Gold is still the most treasured asset in the world and the only safe haven that investors will turn to in times of world turmoil, not bitcoin. Gold has a market cap 10 times larger than bitcoin, that is not going to change anytime soon and probably never will. No matter how large the gold supply is, it will never be enough to satisfy the world's thirst for gold, and they will not get bored of gold for that silly reason. The demand for gold will continue to increase and no other asset can keep up.
I'm not biased against gold. I have explained the problems of gold compared to bitcoin,
which you did not bother to address. I think they are both excellent stores of value,
but bitcoin has many improvements over gold IMO. Each has their pros and cons.
If someone is deciding between bitcoin and gold, my answer would be it doesn't hurt to have both for a
healthy diversified portfolio. No need to decide between the two, buy and hold both gold and bitcoin!