Of course it can be "just digital gold". He means it will be like gold was, hard to transport, centrally controlled(for the most part), unusable for day to day transactions.

I definitely think Bitcoin could, and probably will go this direction sadly.

Freedom, financial or otherwise doesn't interest most people. People would rather be "rich" slaves than free men.

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No it will never be hard to transport, where do you even get that and Jack is not saying that either.

This isn't about how sad people are as to freedom, because yea they are. This is honestly about Gresham's law. Good money is held onto when shitty money is accepted.

If on chain tx fees are high enough it becomes "hard to transport" for people with small amounts(99% of people)