Bitcoin competes with gold, SOL, ETH compete for stablecoins and tokenized assets, Bitwise CIO

In a thread on X, Matt Hougan explained that the large valuations of cryptocurrencies make sense when compared to the massive markets they aim to disrupt. Following surprise from the cryptocurrency community at Bitcoin’s multitrillion-dollar valuation, Bitwise’s CIO took to X to explain the large markets that crypto assets are competing for. Bitcoin and gold […] source: https://www.cryptopolitan.com/bitcoin-with-gold-sol-eth-stablecoins/