Bitcoin vs Bullion: Why Crypto’s King will Never Replace Gold

Bitcoin has lost over 1/4 of its value since its October high of $126k per coin, trading for less than $92k and seeing all its 2025 gains wiped out. The same investment wizards who urged people to flock to Bitcoin suddenly had all the answers, from short-term holder capitalization and institutional outflows to fears of an AI bubble and ‘macro uncertainty’. But the real problem is simpler: Bitcoin is a speculative vehicle, not a real asset. Think about it: Bitcoin generates no cash flow, pays no dividends, and has no practical use-value (apart from decentralized payments – but that function…