Gold has terrible historical returns compared to equities. If you bought gold 30 years ago and sold now, you'd have about a 5x return. You would have done signi

Gold has terrible historical returns compared to equities. If you bought gold 30 years ago and sold now, you'd have about a 5x return. You would have done significantly better if you bought stocks 30 years ago and sold them at the bottom of the market in March. If you sold now, you'd have done more than twice as well. BTC might go up, might go down. But it's a risky asset and there's only so much money that can flow into a non-productive asset.