Who wants to hold chunks of metal in their house or have paper gold. Price performance is only one part of the equation. What about storage, security, divisibility, transferability, sellability?
I can easily securely store my BTC then sell any fraction of it, at literally any time of day, without anyone’s permission, to anyone on the planet. Hell, even off planet as longs as they’re connected to the Bitcoin network.
Gold cannot compete with that. Hard stop. 🛑