I like the optimistic thoughts and expectations about the future of BTC and the possibility that BTC cap can surpass Gold cap in the future.
BTC is a special asset and has only existed for about 15 years, our understanding of BTC is still very limited and anything can happen in the future. If BTC continues to grow well, gain investor interest and be talked about by top politicians, I believe BTC could actually surpass Gold, at some point in the future .
Perhaps it is time that humanity has accepted the use of a new currency in the internet age, and national reserves will include both BTC and Gold. I still believe that with a history of thousands of years, Gold will still have a place in the economy.
Gold might become outdated in the future. Especially if the world transitions into the digital realm. Gold will be seen as a utility metal than a store of value. Just like what's been happening to Silver these days. Bitcoin will eventually surpass Gold's market cap due to the many benefits it provides. Besides scarcity, Bitcoin is portable, decentralized, and much harder (if not impossible) to confiscate. "Wall Street" is already heavily-invested in BTC.
With BlackRock's CEO Larry Fink showing huge interest in BTC ETFs, demand for Gold will diminish over time. Just you wait and see. There's no denying that spot BTC ETFs are better-performing than Gold ETFs. Would you imagine governments backing their currencies with BTC? It would be completely mind-blowing.