I don't think Bitcoin is like gold at all because I don't think there is a common belief that "it is an effective/secure means of storing wealth." A small numb

I don't think Bitcoin is like gold at all because I don't think there is a common belief that "it is an effective/secure means of storing wealth." A small number of people think that now because Bitcoin is in a huge run up. If bitcoin crashes 90%, it suddenly stops being a "secure means of storing wealth" and, instead, is a means of throwing away your wealth. If the market psychology changes, bitcoin becomes worthless. Gold has the same problem, but has a huge historical record of actually being somewhat stable. And there is a price floor for practice demand of gold, though I'm not sure what that is.