Gold has as many disadvantages as it has advantages
It maybe well known and respected but you can't transfer it around easily
It isn't divisible into tiny fractions easily to buy small purchases, its costs money to keep it safe too and you can't bring it on a plane in your pockets without serious questions being asked from country to country , btc has more avantages over precious metals than I could even post if I stayed up all night long
The only reason its still cheap now is the most population haven't figured out all the benefits of it yet
They will, but it won't happen overnight, people need time to adjust to new stuff....
If you don't believe in it, don't buy any
If it's 5-10k in a year or so everyone will be saying damn, I should have got some - 400's last November
Kinda like now when they're saying damn, I wish I bought them in 2011 or 2012 at 10 or 100usd
Bill Gates believes in it, so does Richard brandson and few other people who have proven themselves in the past to be forward thinking in the past and made themselves wealthy in the process