Summary: It's obvious that bitcoin was never designed for use as a normal, practical currency.

Consequently, many crypto fans have taken to apologetically describing bitcoin as "digital gold".

But "real gold" has now been fully "digitized". You can buy and sell real gold bullion without every taking delivery, without transaction fees and without depending on unregulated market makers/manipulators.

"Real gold" is up about 60% over the past year. "Digital gold" is down about 30%.