Bitwise CEO says Bitcoin's true rival is US Treasuries, not gold

Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20 post on X, Horsley argued that gol...

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Bitwise CEO says Bitcoin's true rival is US Treasuries, not gold

Source: CryptoSlate

Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20 post on X, Horsley argued that gold and Bitcoin are apolitical stores of value that operate outside direct government control. However, he said Bitcoin’s actual competition lies with instruments tightly […]

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