Gold was a multimellenial currency that then became an international standard. It’s not volatile. It still is treated as a store of value to combat inflation and currency debasement.
Bitcoin is not a currency. No one uses it as a medium of exchange. It’s a speculative asset that behaves like a kangaroo on crack.
one could argue bitcoin is used as a currency considerably more often than gold, so I'm not sure what your point is, as all the arguments against btc you can apply to gold just the same (except time, obviously)
Bitcoin is not a currency. No one uses it as a medium of exchange. It’s a speculative asset that behaves like a kangaroo on crack.