The continuations in CPS are closures. Goto basically isn't. GCC's computed goto is, but generally when people say 'goto' they mean the traditional C goto, which involves no closures. The goto analogy is not great for this reason.
A better analogy is that continuations are reified function call return addresses, since return addresses come with a frame pointer (explicit or implicit), and therefore are closure-like.
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The continuations in CPS are closures. Goto basically isn't. GCC's computed goto is, but generally when people say 'goto' they mean the traditional C goto, which involves no closures. The goto analogy is not great for this reason.
A better analogy is that continuations are reified function call return addresses, since return addresses come with a frame pointer (explicit or implicit), and therefore are closure-like.