Bitwise CEO: Bitcoin's true competitor is US Treasuries, not gold

robot
Abstract generation in progress

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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)