No, no it’s not. It has zero intrinsic value. Gold at the very least can be used as a paperweight or doorstop. Bitcoin does not exist. Bitcoin can go to zero. Gold will never be worthless. Anytime they want the corrupt governments of the world can shut down bitcoin.
“Gold can at the very least be used as a paperweight or door stop” And that justifies the otherwise ridiculous price of gold? The price of gold is far beyond its actual practical usefulness.
Unless you are expecting civilisation to collapse entirely, its not that much better as an investment or store of value.