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CoinVoice has learned that, according to Bitcoin.com, Bitwise CEO Hunter Horsley stated that the main competitor of Bitcoin in the safe-haven asset field is not gold, but U.S. Treasury bonds and other government bonds. He believes that although gold has lower fluctuation while Bitcoin has higher fluctuation, both attract investors seeking alternatives to traditional currency assets. In addition, Horsley pointed out that by 2025, "regulatory uncertainty" is no longer a major obstacle to Bitcoin investment, and the current bottleneck lies in investors' time allocation and perception of Bitcoin's value. He also mentioned that investors such as family offices have limited interest in "digital gold" type assets, and such issues may become more prominent in the coming quarters.