I don’t get the comparisons to gold to be honest. People don’t buy gold to get rich, they do it because in times of inflation it is traditionally a safe thing to hold.
If you bought a block of gold bullion you would always have something that has a predictable basic value. Gold is used for a variety of practical applications, where it’s physical properties make it the best choice (notwithstanding cost), even before you consider it’s inherent aspirational worth, established over hundreds and hundreds of years. It will never be worth nothing.
I get the sense sometimes with people that they don’t know what BTC is supposed to be? Is it a currency? Is it a store of value? Is it something they seek to profit from? These things are essentially contradictory. Volatility is great for making money, but it’s poison to a functional currency. Why would you spend any BTC to buy something you can buy with fiat, when it could be worth 10% more by the end of the day? What incentive is there for businesses to accept it for anything beyond instant transactions (and even then it’s risky) if the opposite is the case?
I also think that in the main people are disingenuous about their reasons for buying cryptos. In this thread, and pretty much everywhere, people talk about what price they got in at and how much it’s gone up since. That’s what they’re interested in. Talk of utility and currency is only really a consideration when justifying (to others, and in their own heads) the rising price.
The simple truth is that in order for any crypto to be taken truly seriously, particularly as a currency, it has to shake off this crazy volatility. Of course, were it to do that there would be a lot less interest in it, and one wonders whether at that point the hardcore fans would simply be looking for the next GME stock instead, because they ultimately are in it for the “get rich quick” aspect, not for any serious belief in it.