What happens to the price of gold if BTC becomes “digital gold”?

2. The price of gold is highly manipulated, like everything else. You can‘t tell how much is produced each day, or how much is in circulation. Gold will always exist and will always have a „price“.

3. BTC could be part of the store of value story, but then again, it will always be manipulated (by governments, trading firms etc)

You can‘t calculate or foresee price of material which is in demand. Look at oil. It „should“ be so much higher, but other people say no, since there is an abundance of oil still in storage.

If things are getting BIG (like oil, Gold, maybe BTC), the price will become political and therefore not be able to calculate.

I fail to see how BTC can possibly devalue gold. If the dollar were to further slide in value, if people magically started using BTC instead... the Dollar price of Gold would simply go up even more.

>it seems like the gold that’s used for financial trading could go out of circulation.

Yes, it's been sitting in vaults for decades, that wouldn't change.

     It is highlighted that over time, Bitcoin could act as an independent store of value

Bitcoin is only a number in a machine. 'Paper Gold' is just that, a piece of paper.

Physical Gold is the only store of portable wealth you should bother holding. And 'holding' implies that the gold is not entrusted to anybody else (banks, brokers, safety-deposit boxes, etc) but is held by you personally.