I know that gold is being suppressed, but what is going to change that? It's been the case for several decades now with no end in sight. It's the reason I mostly abandoned precious metals investing long ago. Though I do still old some physical.
Regarding space mining...
It gets much cheaper when NASA says they will subsidize it:
https://www.washingtonpost.com/technology/2020/09/10/moon-mining-nasa-search/
In my opinion the only way bitcoin doesn't succeed in becoming massively valuable and eating a big part of everyone's lunch (especially gold's) is if every large country got together and banned it outright. It be a big undertaking and would take a coordinated effort but it could, in theory, be done. Barring that from happening it's from the lower left to the upper right for bitcoin as far as I'm concerned.
Like a coordinated Covid-19 effort type coordination.
I hear what you are saying completely. Bitcoin bypasses so much regulation, such bullshit from the banks..
I think it WILL cross a certain barrier where it will be too much of a threat. I also try to think about how any central bank can print and buy. What stops them from printing and buying crypto? Gold isn't so easy (physical) because you need to have it in your hand. Paper contracts are easy.
Though it becomes a lot cheaper when that gold in your hand is simply gold plated tungsten or copper. ;)
Theoretically what should happen to the price of gold real gold without manipulation