If Bitcoin goes to $1M and gold continues it's growth rate to $5K in a decade, gold will be at .005. that's trending towards zero.
It will never hit zero.
You are free to say gold is going down, but that doesn't cover it.
Discussion
That seems to assume a fixed external measure, in this case $. Not that I have any idea how three body problems work in math.
To make it simpler, yes. Gold is priced in dollars globally. So you have to also then use dollars for Bitcoin.
Only if/when gold gets priced in Bitcoin in global markets can you compare without the 3rd party dollars.
So you're saying gold will trend to zero of what exactly?
The amount of Bitcoin it takes to buy an ounce of gold will trend towards zero over time.
I am not sure why you are confused at the idea? It has been happening and will continue to happen as more and more gold is mined and less and less Bitcoin is mined.
To me it sounds like assumptions, built on assumptions, built on assimptoins.
I watched this podcast this afternoon, and it seems to me to be a far more down-to-earth assessment of what Bitcoin is and what we can say about it without venturing into fortune teller territory.