As you say, the comparison probably won't be quite right in every respect, fiat, gold, bitcoin, each with its own characteristics and used for different purposes. But people compare because they want to prove that bitcoin is good, it includes the features of gold and fiat. So if bitcoin is widely used then it is considered as all-in-one solution, it can be both a storage asset and a payment method.

Most people do not have the money to buy the two assets and as such investors need to pick a single one of them, if someone decides to pick gold I have no problem with it as it is better than to hold fiat, however in order to see any kind of benefits out of gold you need to either hold for decades or you need to invest in it before a severe economic crisis occurs, bitcoin on the other hand can give more profits in a shorter amount of time, and unlike gold which we do not even know how much it is left to mine, bitcoin is completely different and we know exactly how much it will ever exist, how much bitcoin is left to be mined and when this process will end, giving bitcoin a massive advantage if we compare it to gold or fiat in this particular aspect.

I will be certainly  in favor of Bitcoin because it has shown tremendous  since it was launched back in 2009. This incredible growth has created many new Millionaires worldwide and no other asset class including  Amazon which is Giant of stock market  comes close to it.The only thing which worries me is Bitcoin strong co-relation with Stock market which is against its perception of store of value/Inflation hedge like Gold.

Of course in a Bitcoin forum we are going to be more in favor of Bitcoin than gold. Some argue that Bitcoin is digital gold, a much better store of value than gold. Following the analogy that google maps is much better than paper maps, Bitcoin would be much better than gold.

Although it's not bad to have some physical gold, I have some. What you should not do is make the mistake of buying gold jewellery as an "investment" because if you are going to sell it in the future you will get much less than you paid for it.

That's right if we don't only have this fake news circulating around the internet, especially the global warming hoax that they putting the blame on the crypto miners. We have already reached our goal to prove to the critics that bitcoins can be stored and can be used as a means of payment for everything. Thankfully nowadays we have big companies that are supporting bitcoins by using it as one of the payment features and some countries that are supporting it as well. Unlike back then, you don't read such news and there are more critics than investors. Now we are heading towards a bright future with bitcoins and they already comparing gold with bitcoins due to its popularity.

Anyone who wants to have Gold and Bitcoin, who doesn't want that. Now, since you posted something like that here on the Bitcointalk forum, we know that most of the members are crypto enthusiasts and Bitcoin enthusiasts fanatics,

and I'm also sure that not a single member here on the forum will say no We want gold of course, everyone also like to have Gold, but the majority want Bitcoin. This is just based on my knowledge as one of the community of this industry for a few years now.

So we're still deep down in bear and fear territory since the most positive piece of news predicts a return to $28k by the end of the year.
If you would have posted such an article two months ago you would have looked like a bear, now this is bullish 


And yet you do it 

I don't understand this obsession some have to prove that Bitcoin is more valuable than gold, I don't even know what metrics they choose, 1BTC over one kilo one pound one gram of gold and even leaving that aside Bitcoin si one thing gold is another.
Bitcoin can do a lot of stuff gold can't and gold can do some of its own.
You want to store value securely with the key split in tens of places BTC is the way, you can't split gold into atoms and then bring it together (at least not economically feasible)
Do you want to send value in a minute on the other side of the globe with only you and the recipient knowing? BTC ll the way, it's not funny traveling for hours with 2 kilos of gold in your...
Can you give somebody a piece of gold without the need for a computer, electricity, or internet? Yes, even with BTC, this is still possible but with huge risks.
Do you want like the other 2 million people each year in the US to buy an engagement ring? Try it with BTC
As for its usage in medical treatments, there is absolutely no comparison.

Each one has its strengths and each one is impossible to replace with the other one in some cases, this whole debate is meaningless.

It's hard to just favor one and completely disregard the other. If I were to choose, I'd choose both. But suffice it to say that I'm not investing in gold right now. It's just that while there is indeed abundant gold in this world and even outside, I don't think it will lose its value in the next hundred years.

Anyway, I agree that Bitcoin isn't really comparable to both gold and diamond. In the case of both, I believe the earth won't be running out of supply even in the next centuries. With Bitcoin, everything's fixed. And it will run out at some point.

I don't agree with what the Deutsche Bank analysts seemed to imply, though, when they said that Bitcoin is more like diamonds in that it is "a highly marketed asset" rather than gold because the latter is "a stable safe-haven commodity." If we remove all the marketing in Bitcoin, it doesn't cease to be popular. The only difference is that its supporters would highly be populated with people who really believe in the technology rather than in a bull run.

Finally, $28,000 by year end is too low.

The physical gold and diamond cannot or will not be compared to Bitcoin but it was used a comparison as bitcoin act as a digital gold or diamond as an asset.
It really is a good thing to see how even a bank recognized the potential of bitcoin and cryptocurrencies where they even appreciated it's term from "Digital Gold" to "Digital Diamond". We all know that diamond has more value than gold and it symbolises the wealth of an individual due to it's rarity. True, that diamond can be artificially created however it's quality varies to it's density which is why it's value is high.