Reasons why people comparing bitcoin and gold are comparing apples to hookers

Here are some reasons:

Taking a long on gold is hedging against general fear in the economy;
Taking a long on bitcoin is investing in a technology that lots of people believe may change the world.

The intrinsic value of gold is that it looks shiny;
The intrinsic value of bitcoin is that it is easily convertible to other cryptocurrencies that start to have more and more technological use cases.

Gold has golddiggers;
Crypto has miners.

If you buy shares in gold you often don't really own any gold;
If you buy bitcoins, you own the bitcoins.

The only reason for the price of gold to increase is that everything goes to shit or a sudden increase in the demand for wedding rings;
Bitcoin can go up because there is scope to improve its utility.

My grandma invested in gold;
My grandma does't know what bitcoin is.