You’re going to need a bit more evidence on the “criminals love gold” point. Your thailand example just shows people will scam for small, valuable, fungible things.
Gold didn’t have a rep as the hub of black market transactions before bitcoin.
No it did not, but art did and still does. A lot of art in the future will have a non-fungible identity on chain. It's starting and will only grow rapidly.
Gold didn’t have a rep as the hub of black market transactions before bitcoin.