I am NOT a gold bug, but I think most people would agree that gold has more intrinsic value than BTC. There is a very long history of gold as both a currency and jewelry. It may lose 50% of its value over a 10 year window, but it won’t be worthless.
BTC is very new so no one really knows what will happen, but if you think fiat currencies are worthless, I don’t see how people believe BTC has inherent value. One theory I regularly hear is that fiat currencies are dying and that BTC will overtake countries currencies as a store of value. This seems extremely unlikely, mostly because bitcoin doesn’t have nuclear weapons backing it and every government would have a strong incentive to outlaw BTC if it began to actually threaten their currency. “Well, actually that won’t work because of the blockchain!” This severely underestimated the power of governments to control transactions, infrastructure and banking and those controls aren’t going anywhere and if anything are getting stronger.
It is obviously an intriguing investment and congrats on your early investment. I just don’t know that having more than 5% of your money in it is wise at all as I view it as speculation and the volatility of it cuts strongly against it as a “store of value” and everyone is obviously piling in to it because they think it will continue to go up in price.