That depends on your specific purpose
As many have already said (me included), gold and Bitcoin (as well as other cryptocurrencies) are used for different purposes. Gold as coins and bars, on the one hand, is used to store wealth, i.e. as a means of preserving value, while Bitcoin is used for speculation, i.e. for multiplying your wealth (and possibly losing it). As you can see, there is no competition between gold and Bitcoin, and the same investor or speculator can use and keep both without having a lot of cognitive dissonance
Agreed with your post. If you want to preserve your wealth, there can be no asset which is safer than gold. The only thing is that because it is a physical asset, it can be seized by the authorities or stolen by the thieves.
Every cloud has a silver lining
On the other hand, though, every rose has its thorn too. And as obviously, both gold and Bitcoin have their pros and cons, advantages and disadvantages. Nevertheless, if you are a wealthy boy or gal, metal gold is sort of a must-have. You can rent a bank vault if you are afraid of thieves (but then the bank itself could be the thief) or you could use a personal vault or safe if you are afraid of the government. Anyway, gold is a universal currency of the last resort, so to speak, and if things go terribly awry and shit hits the fan, you certainly won't get lost with gold in your hand, nowhere in the world
