Why do people compare tangible Gold with intangible Bitcoin

[cryptomaniaclothing]

While gold has thousands of years of history as a store of value, Bitcoin offers portability, divisibility, and verifiable scarcity in a digital world. I think many people compare them because both are viewed as alternatives to inflation-prone fiat currencies.

[Agbe]

Well as for me gold 🪙 is limited to few hands but bitcoin is for all and there is no scope in using bitcoin. Gold is scoped around the miners and the rich. And from your price you could see that the price of bitcoin is higher than gold. And since everyone can have gold at any time and anywhere, it becomes valuable, tangible and useable than gold. I have said many times here, I have not seen a raw gold and which means it is limited for people like to see and use.

[Curious T]

Having physical gold is not the only way of holding Bitcoin, so many people buy gold EFTs.
Gold has proven to be a good store of value. It has a deep history spanning centuries and also has the backing of many countries and governments to have gold reserves. That is not something that can be overlooked.

The features of Bitcoin make it unique and add to the fact that it has performed better than gold since its creation. At the end of the day, it's down to preference. Some people prefer to stick with the traditional system they already know, but Bitcoin just offers more than gold currently.

[Findingnemo]

Gold is finite and only you can mine so much gold from the earth so it is not infinite and for the moment, let's keep the asteroid mining apart. Gold is one of the most successful forms of money we have ever used in history, it is trusted and accepted everywhere even now. So in the same way people compare bitcoin with gold because of the price factors and trust. But it doesn't make sense though because it is comparing apple with orange and you can't say which one is better than the other unless you got a preference already.

I believe people just want reassurance that btc can give them the profitability or is comparable with gold. But we all know that gold has tangible usage that btc can't

Tangible doesn't change much, even other metals can be more useful than the gold is but still Gold is what trusted so it all downs to the people's trust and comparing it with gold is kind of giving them same connection which is good even though the comparision is not a fair one to say which one is better than the other.

[lionheart78]

Gold isn't scarce because it can be mined more and more with the passage of time but bitcoin has fixed supply of 21 million.
Splitting of gold can be easy but up to some extent while 1 BTC is equal to100,000,000 satoshis. In portability gold is heavy to carry and might need security if in large quantity but you send million dollars of BTC in 10 minutes. The track record of gold is more than 4000 years while their of BTC it is only 18 years probably. Still many of the people are convinced that BTC is better than gold. How?

To give value to a thing, it must be compared to another thing with great value.  Since gold had been around way before Bitcoin emerged, gold had established its market and usage, and since Bitcoin features have similarities with gold, being a good store of value, Bitcoin is often compared to gold to prove the superb properties of Bitcoin.

I don't see it as a negative thing, but rather it became a boost to Bitcoin's influence/  Btw, it is not its properties of being intangible and tangible that is being compared but rather its economic function.

[khiholangkang]

Gold isn't scarce because it can be mined more and more with the passage of time but bitcoin has fixed supply of 21 million.
Splitting of gold can be easy but up to some extent while 1 BTC is equal to100,000,000 satoshis. In portability gold is heavy to carry and might need security if in large quantity but you send million dollars of BTC in 10 minutes. The track record of gold is more than 4000 years while their of BTC it is only 18 years probably. Still many of the people are convinced that BTC is better than gold. How?

Gold is not scarce but it requires a lot of energy to mine gold, also in addition to the high trust of all mankind where all agree that gold is a valuable mineral and can be accepted anywhere, therefore gold is still treated specially.
 
If you have a lot of BTC too and it is known by many people you also need strict security, so it's the same, but if you can keep BTC safe without being known by others the security costs will be much cheaper.
Why do people believe bitcoin for now because bitcoin is still a new asset and adoption is still low, therefore there will be many people who believe that bitcoin will get a lot of improvement in the future after being recognized by everyone, just imagine billions of people on this earth and there are only 21 million bitcoins, say 20% who adopt bitcoin, what will the final value of bitcoin be?