Correct, and that’s precisely the distinction.

Gold could be debased because its supply constraints were physical and political. Once custody, minting, or discovery could be influenced, debasement followed.

Bitcoin removes that vector entirely.
Its scarcity is enforced by rules, not trust.
Its issuance is verifiable, not assumed.
Its debasement is not a policy choice, it’s computationally forbidden.

Bitcoin isn’t better because gold failed.
It’s better because it eliminates the failure mode.