This morning, I was with few of my neighbours and somehow our casual conversation turned into a debate about money, inflation and how people can protect the value of their wealth over time.
One question eventually took over the entire discussion:
Between Bitcoin and gold, which one would you trust more to preserve your wealth against currency devaluation?

Interestingly, we had completely different opinions.
One of my neighbor strongly believed gold was still the better option, his argument was that gold has existed for centuries, has survived wars, economic crises and the collapse of different currencies. According to him, people have trusted gold long before modern financial systems came into existence and he sees no reason to abandon that confidence. He pointed out that Bitcoin's price can experience significant fluctuations within relatively short periods, he questioned whether an asset that can lose a substantial percentage of its market value in a short time can genuinely be considered a reliable store of value.

Although my voice was not strong enough but I disagreed with him, I argued that Bitcoin represents a different generation of money, with a decentralised network and ability to be transferred across borders, I told him Bitcoin offers something gold cannot easily provide but i was not confident enough.

By the time our conversation ended, he had completely convinced the others and I was not happy.

However, it left me with a question I thought would be interesting so I educate myself: Which one really offers better protection against currency devaluation?

So, I would genuinely like to hear the opinions of experienced members here.