If @elonmusk or @RayDalio intended to buy #Bitcoin they would not announce it to the world in advance. They clearly know the effect such an announcement would have on price. So either they already bought all the Bitcoin they want to own, or they are unlikely to actually buy any.
Gold is a store of value as people buying #gold now will be able to sell it in the future to buyers who actually need to use gold as a metal. #Bitcoin's value comes from the belief that it can be resold at a higher price in the future to speculators willing to make the same bet.
If you never sell your #Bitcoin, what difference does the price make? When it ultimately goes to zero, the percentage loss for all HODLers will be the same, 100%. The significant difference will be how much you pay, not the price. Those who "invest" the most will lose the most.
Gold is an inflation hedge because it's also a commodity. When inflation reduces the purchasing power of fiat currencies, it takes more units of the inflated currency to buy a given commodity. Since #gold is also a commodity, it maintains its value relative to other commodities.
But thanks to inflation and productivity killing regulation, average workers are denied the full benefits of capitalism. Despite new cars being 15% cheaper, workers must toil 160% longer to afford to buy one. Actually much longer if higher payroll & income taxes are factored in!
Since average workers now earn $700 per week, they must work an entire year to buy a new car. Inflation makes people feel richer despite being poorer. In terms of real money, capitalism has substantially improved the quality of new cars while simultaneously lowering the cost.