🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
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HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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Bitwise CEO: Bitcoin's true competitor is US Treasuries, not gold
According to Mars Finance, reported by Bitcoin.com, Bitwise CEO Hunter Horsley stated that Bitcoin's main competitor in the safe-haven asset space is not gold, but rather U.S. Treasuries and other government bonds. He believes that although gold has lower Fluctuation and Bitcoin has higher Fluctuation, both attract investors seeking alternatives to traditional currency assets. Additionally, Horsley pointed out that by 2025, "regulatory uncertainty" will no longer be the main barrier to Bitcoin investment; the current bottleneck lies in investors' time allocation and recognition of Bitcoin's value. He also mentioned that investors like family offices have limited interest in "digital gold" type assets, and such issues may become more pronounced in the coming quarters.