[hypeatei]

> there's no fundamental underlying value [...] its free to fluctuate

I don't understand this argument since that's how literally all markets work: the consensus is the current price. If we're talking about fundamentals then crypto isn't comparable to gold at all since 1) it's a physical, tangible, durable thing, and 2) has been used for centuries as a store of value.

Gold is easy to understand from a human perspective and doesn't require knowledge of a blockchain or anything tech related. You store it, secure it, and transport it like any other physical asset. Whereas something like Bitcoin involves seed phrases, blockchains, irreversible transactions, a public ledger, and it's all virtual. If your store of value is one mistake away from being lost to the void then it's not very good. I'll just finish with this: there is a reason that central banks have been loading up on gold recently in light of uncertainty and not crypto.