Yeah gold is the precious until we discovered technology to drill asteroid and then suddenly we got a moon sized asteroid full of gold and the price slashed to 1/4.
There are many space drilling company on the making right now. So, I want to bet on the limited supply of bitcoin which is safeguarded by math instead of fake sense of scarcity that gold has offered which could change in the near future for all i know. At the end of the day, people are free to choose their asset to invest in.
Stop fantasizing about mining gold on other asteroids. Because more than 5 thousand years have passed and humans have not yet exploited all the gold reserves in the earth's crust, let alone mining gold in places where humans cannot live.
Not to mention, mining gold from the earth's crust is inherently costly and expensive, and that is one of the reasons why the price of gold only increases and never decreases. Therefore, gold mining on other planets only pushes the price of gold up dozens of times, not reducing it as many people mistakenly believe.
More importantly, demand is the key and as we all know, the demand for gold is huge as it is used in every industry. If the world population is 8 billion people, then there are more than 7 billion people who crave and need gold, but that will never happen with bitcoin. Because gold has many use cases, utilities...while bitcoin, besides speculative purposes, what else can it do?
While we are bitcoin investors, but let's look at the big picture and be realistic.