On June 20, Bitwise CEO Hunter Horsley stated that Bitcoin’s true competitors are not gold, but rather U.S. Treasury and government bonds, which are the ultimate “political” value storage tools, while gold and Bitcoin exist as depoliticized alternatives.
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Bitwise CEO: The true competitor of Bitcoin is U.S. Treasuries, not gold.
On June 20, Bitwise CEO Hunter Horsley stated that Bitcoin’s true competitors are not gold, but rather U.S. Treasury and government bonds, which are the ultimate “political” value storage tools, while gold and Bitcoin exist as depoliticized alternatives.