Gold is boring, no one is going to be rich during our lifetimes by holding Gold that's for sure. Now with Bitcoin, we have way bigger chances at becoming millionaires than we have by holding Gold. Similarly, there are bigger chances of seeing 1 BTC go to 1MM than it going to 0.
Strangely my view is the complete opposite.
Only time will tell as no one has a crystal ball
Really? Gold has already trillions in market cap.
If gold were to go up to 1 million $/ ounce then maybe, but that would imply quntillions of market cap...
Bitcoin has far better chance to get to 1 million $ than gold ounce.
Gold market cap is currently around $6.6 trillion.
Why not a market cap $66 trillion giving a $11k an oz price? or $660 trillion giving a $110k an oz price.
When you have printing presses creating never ending quantitative easing (US, China, EU) then you can eventually pick a number, double it and add a few zero's to price of gold.
At the moment its not even the printing presses.
Leverage itself used in brokerage accounts / banks are also money created out of thin air. The QE is the least of the problems.
Even a $660 trillion gold market would be dwarfed by the derivatives market, one lost in so many zeroes
That is true but if the derivative market collapses, there it goes the whole economy. 1 ounce of gold bought you a nice suit 100 years ago, it does the same today. Regardless of how many 0 you put next to a printed toilet paper fiat.
But bitcoin on the other hand can raise in (real) value too. While gold is inflationary, with no new value added to it at all, it only preserves value.
On the other hand bitcoin
gains value each day, independent of fiat. Why because
bitcoin is actually used as a currency,
gold is not.
1 bitcoin would buy you a suit now, but in 10 years it will buy you a yacht probably 
