Oh I dispute it. Of what value is Bitcoin if it isn't used to transact? Of what value of Bitcoin if it can be censored at on and off ramps via sanctions and KYC AML?

Gold is perfectly private, completely untraceable and fungible down to the atom. Bitcoin possesses superior scarcity but is 100% traceable and 100% public. It lacks key qualities of gold, thus I challenge the claim of "digital gold".

Monero is untraceable digital cash, it goes beyond digital silver. 

Lightning is used about 15 to 30 times less on every merchant that accepts both on-chain and lightning Bitcoin. It's utilization proves that it's largely DOA as a medium of exchange. 

I'm not claiming Bitcoin won't keep going up short term, I actually think we got another pump here due to the latest index fund ruling on Bitcoin treasury companies. But that's just it, the only bull case these days for Bitcoin revolves around regulatory and corporate decisions, not inherent utilization of technological power. In utilization it's mogged by Monero. 

I bring up these points to ask you to think long term. Many people go all in on their savings in Bitcoin, expecting the system will let them get rich in it and cash out easily. Do market makers,  regulators, bankers, etc have this track record? Or do they always find a way to extract every penny from us?