Stop pretending that gold and silver used in native coin format haven't been used as money for thousands of years...Also, stop pretending bitcoin allows you to do anything that metals don't
goldmoney.com blockchain isn't gold. It's a gold derivative, no different from credit.
When you "hold" gold-backed blockchain tokens you're not holding gold, you're holding credit. When you trade them you're not trading gold, you're trading credit.
So bitcoin does indeed "allow you to do something that metals don't" which is to hold a genuine bearer token. That's something gold used to be in the days of physical markets but is no longer capable of since it has a slight problem with travelling through wires.
What Schiff & Co Gold & Silver people fail to recognise is that gold gained its value through monetary function, not intrinsic value. It essentially represented a physical bitcoin of the day. During the latter part of the 20th Century, however, the bulk of the world's trade and monetary exchange volume migrated to electronic platforms which left precious metals crippled in terms of monetary function - totally illiquid.
With bitcoin you can both:
• hold it
and
• exchange it with a trading party on the other side of the planet in 20 minutes
That is "monetary function" and it's something that no precious metal can compete with which is why during 5 years of the worlds biggest fiat money printing exercise when metals had the biggest open goal they've ever had, they were left standing with their underpants around their ankles while bitcoin skyrocketed.