> Very few people actually use gold as a value store - they put their savings in various USD-based (or Euro, etc) savings vessels - money market, CDs, etc.

Do you mean that very few people use gold as their only/primary store of value? I am sure many people have small amounts of their net worth in gold. Similarly I think Bitcoin is a promising technology but that doesn't mean I think users should allocate a significant percentage of their portfolio to it.