No, it's not. Bitcoin has fundamental differences from gold, and the two are completely different.

If you say that bitcoin is a different version of fiat, I 100% agree with that, but if you say that bitcoin is a better version of gold, that is wrong.

Just look at Bitcoin's initial purpose when it was created by Satoshi; it was primarily intended for payment purposes. Unlike gold, which is primarily focused on being a store of value with no direct use in everyday transactions.

Don't misunderstand that just because bitcoin can be used as a store of value.