VS 

The Gold versus bitcoin debate is absurd.  There are no similarities.

Bitcoin is a risk asset that exists in virtual reality.

Gold is a hard asset that exists in the real world.

Bitcoin is a gambling tool

Gold is a hedge against gambling tools.

Suggesting that bitcoin could replace gold is like suggesting
a computer program of a sprawling palace could replace the apartment 
or house that you live in.  

It may seam to have advantages, like it appears bigger and grander and needs
no upkeep.  But you can't actually live in it because it doesn't exist outside
your computer.

People may even begin flipping their virtual houses and make tons of money -
temporarily they may make more money than people buying and selling real
houses.  But you still can't live in them.

The fact that gold really exists in the natural world may seem quaint and
antiquated to some young people.  But the thing they forget is that they
too exist in the natural world.

And everything that does not exist in the natural world is by the very definition
of the word: SPECULATIVE.

Something that is speculative can never be a hedge against speculation.

That should be obvious.  Yet somehow it's not anymore.