your underlying point of not wanting to carry around and use precious metals as an every day transfer of value, especially in large amounts is well taken, and i agree.

but honestly, considering that around 900 ounces of gold can fit into the average cigar box, and the current spot price being in the $2900 range, large amounts is relative.

As for the unconfiscatability of Bitcoin, this presumes a functional legal system, and doesnt take into account people who will threaten to cut off all your fingers and kill your relatives unless you give up your private key.

Ive been into bitcoin since 2010, and use it almost daily for real world transactions.

But ive also actually lived in a place where the government and economy had completely collapsed, and recognize the value of gold(and silver).