Gold has centuries of historical data as a sensible value store. The 'gold rush' didn't RAISE the value gold; gold rushes happened because the value of gold was

Gold has centuries of historical data as a sensible value store. The 'gold rush' didn't RAISE the value gold; gold rushes happened because the value of gold was already high. If anything, gold rushes devalued gold because of the increase in supply. That's very different from what's happening with crypto, in which the run-ups now are happening from speculation. And speculation run-ups ALWAYS burst at some point. While Bitcoin might have some floor as an investment at this point, it's nowhere near as stable as gold. Equating the two makes very little sense. It would more accurate to compare this to the Tulip bubble than to the gold rush days.