I used to think like that. Except most of the value of gold comes exactly from the same mindset it puts value on BTC and not on those properties you describe.

I used to think like that. Except most of the value of gold comes exactly from the same mindset it puts value on BTC and not on those properties you describe. While gold does have some interesting properties in no way would that explain a 10 trillion dollar market cap, and the price of 55 000 $/kg, sorry. It's just not that much better and rarer than other competitor materials. If comparing by properties alone, there are materials that should then be more expensive. For example Platinum is almost half of its price, and yet way rarer, and it's properties more useful.