Who owns gold now days? Big players, central banks, not the mayority of the public
Can you buy a loaf of bread at your local store with BTC on chain? Can you buy a house with BTC without the government knowing? If you have to do engineering to buy BTC without KYC, there will be a few who do it, but not the majority. Before you could buy BTC without KYC from a broker. Now they force you to reveal your Wallet to the government in order to withdraw the funds from the broker. Now you have to use p2p platforms and make a transfer to a guy who will know your name if you buy the BTC from him by transfer. And if the person you buy from via p2p is investigated for some crime and your payments appear in their bank statements? I only see less and less room for maneuver and most will use it as an investment declaring it to the government until it is confiscated via taxes.
But took out of the people hands the gold in favor of goverments. The same that is happening now with bitcoin. The mayority buy BTC with KYC for investment and goberments have your data now to tax bitcoin owners. BTC is no longer a freesom money, its another asset controled by goverments like gold to Back their debt.