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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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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.