$BTC Real Competition? Bitwise CEO Points to US Treasuries, Not Gold
Key Highlights:

* Bitwise CEO Hunter Horsley says Bitcoin’s main rival is US Treasuries, not gold.

* He argues both gold and BTC are apolitical stores of value, but Treasuries are politically driven.

* Institutional fatigue and competing 10x opportunities are slowing Bitcoin adoption.

In a bold shift from the traditional “digital gold” narrative, Bitwise CEO Hunter Horsley has suggested that Bitcoin’s true competition lies not with gold, but with government-backed bonds like US Treasuries and UK gilts. His comments come amid growing institutional interest in $BTC and evolving investor behavior.

$BTC vs. Bonds: A New Rivalry

Horsley emphasized that while gold and Bitcoin share apolitical value traits, Treasuries represent politically influenced stores of value. He believes these instruments, tied to monetary policy and interest rates, pose a more direct challenge to Bitcoin’s role in modern portfolios.

Adoption Hurdles Beyond Regulation

Despite regulatory clarity under the current US administration, Horsley noted that institutional investors remain hesitant. He attributes this to the overwhelming number of high-growth opportunities competing for attention, making Bitcoin a complex and often overlooked option.

#BTCvsBONDS #UStreasury