Unlike bitcoin, gold has practical application besides storing and transferring wealth.
So how do you call being able to formalise a contract without trust or third parties involved? A public ledger that anyone can use to vote where no one can lie or cheat the system?
Bitcoin can be the money of the internet and a store of wealth but it has a lots of practical applications too. If you are only seeing the currency side of Bitcoin you are missing a lot of potential.
Without trust? Are you kidding?
With bitcoin, you have to trust a bunch of anonymous people with a criminal past, to keep the unit value. Bitcoin is even more dependant of trust then fiat.