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Bitwise CEO: Bitcoin's Real Competitor is US Treasury Bonds, Not Gold
Summary: According to Bitcoin.com, Bitwise CEO Hunter Horsley stated that Bitcoin's main competitor in the safe-haven asset space is not gold, but US Treasury bonds and other government bonds. He believes that while gold has lower volatility and Bitcoin has higher volatility, both attract investors seeking alternatives to traditional currency assets. Additionally, Horsley pointed out that ...
According to Bitcoin.com, Bitwise CEO Hunter Horsley stated that Bitcoin's main competitor in the safe-haven asset space is not gold, but US Treasury bonds and other government bonds. He believes that while gold has lower volatility and Bitcoin has higher volatility, both attract investors seeking alternatives to traditional currency assets. Additionally, Horsley pointed out that by 2025, 'regulatory uncertainty' is no longer the main obstacle to Bitcoin investment, with the current bottleneck being investor time allocation and understanding of Bitcoin's value. He also mentioned that interest in 'digital gold' assets from investors such as family offices is limited, and this issue may become more prominent in the coming quarters.
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Link: Bitwise CEO: Bitcoin's Real Competitor is US Treasury Bonds, Not Gold [Copy]