And just one more thing makes it more valuable to invest than bitcoins and that is that we can keep gold in house and use it as jewellery and hence you can show off like royals but bitcoins is for silent rich people, I mean they have billions but no one can find out.
..until you try and cash out, your bank flags you for suspicious activity and then you have to explain to the authorities where all the money came from
Gold jewellery is not the best way to invest in gold as premiums are very high.
You are much better off buying gold bullion bars/coins as close to spot as possible.
If you buy too often in the same place you will be quickly spotted by criminals. And I wouldn't hope that the dealer (even if it is a bank) won't flag you (not necessarily as suspicious but still). In any case, you should be prepared that some people would know you have gold including people that you would most certainly prefer they didn't...
And some of them would even know how much gold you have