Gold's value comes from the fact that it doesn't dull or dim over time, and has many uses in the electronics and jewelry industries. If you have the resources to get gold and own it, that is a clear sign of status and value.
Can't say the same with crypto for any counts. All of crypto's value comes from speculation. Over the last 10 years, I've seen the same tired drum beat, that 'crypto is valuable because of decentralization, supply regulation, and censorship resistance' but these are so vapid and completely different from reality and what people actually need. There is no convenience, no government backing, and no trust. So the only people using these fake tokens are disreputables and hedge funds/speculators looking to exploit and get fun returns.