BTC vs Gold vs Silver

I always found the idea that gold's market cap being related to that of BTC compelling.

One interesting thing, which demonstrates that price can be out-of-synch with scarcity was that the Chinese in the 19th century I believe valued silver more than gold (I am not sure if the relative value of one ounce of silver ever exceeded that of an ounce of gold but the ratio of silver to gold price was much, much higher than today and differed in China than in Europe creating arbitrage opportunities that cannot exist in the modern world where information is much more available and transportation is far more efficient.). I doubt that there was any good way in those days of understanding relative scarcity and I am pretty sure gold today is worth much more than silver in China. I do not know why this disparity existed but it could not last.

I think we are seeing that now. However, while one could argue that silver was more beautiful or useful than gold, or whatever caused the disparity, there is no such argument about BTC. BTC in every single respect is superior to gold except for making jewelry and some industrial uses. The advantages BTC has over gold as a payment system have been discussed so often there is no need to mention them here.

So what I am saying is, BTC eclipsing gold's market cap seems also very compelling to me. It will take a while, however.