“Bitcoin is hard money.”
Bitcoin is investment speculation just like many other things with a supposed fixed/limited supply. What Bitcoin purists ignored was just how much other investment speculators would enter the Bitcoin market purely as hedge, and then sell their Bitcoin when they lose money on other stuff, causing Bitcoin value to jump up and down NOT based on anything about Bitcoin, but investor gains and losses elsewhere. Bitcoin theortical is not Bitcoin reality. Gold and other precious commodities (even real estate) have more value lasting power than Bitcoin because their value has someothing real underneath them while Bitcoin has nothing real underneath it.
Gold and other precious commodities (even real estate) have drawbacks regarding their utility as a store of value that Bitcoin doesn't have.
Value is real, but at the same time value is a subjective, human construct. Real doesn't mean tangible. The value of a bar of gold isn't inherent to the bar itself, but to what a potential holder of the bar could do with it.
Crossing the border with $1 million in gold (or real estate!) is a much different concern than relocating with $1 million in Bitcoin.