RE: 1 fiat Bitcoin is worth almost 3.5 ounces of physical gold. Fiat Bitcoin or physical Gold? Long-term, who will be the biggest financial winner? Let's examine this question:

A huge amount of gold supply is already being added to the gold market every day by those selling gold short contracts, which introduces more gold supply to the gold market, as most buy paper gold contracts over physical gold. And this addition of gold supply flooding the markets every day caused gold's price to be where its at today and tomorrow, and so on. Yet, it doesn't matter if physical gold is $1 per ounce, $1000 per ounce, $2000 per ounce, or whatever price. That $1 gold or $1000 gold or $2000 physical gold will still be worth $1 or $1000 or $2000 in the new currency that is issued to bail-out the dead US Dollar. That's the point. So, the price of gold is meaningless, as long as it gives you 100% preservation of your wealth, which fiat Bitcoins cannot do, per the reasons given above. All the best!