Honestly, I think gypsum sand would be harmful to any species of plant not adapted to growing on gypsum sand. It is a "narrow" ecological community. But if that is the ecosystem you can collect from for your bonsai, go for it.
A bonsai pot with silica sand would be suitable for a much wider array of plant species, if you can get the watering frequently right for the species. Silica sand will have a neutral to slightly acidic pH, and because silica is inert, your irrigation water pH will be the strongest influence on pH in the pot.