Alliance DAO co-founder: Still believe BTC is the asset most likely to replace gold
ChainCatcher news, Alliance DAO co-founder QwQiao stated on social media, "If L1 tokens have the potential to become a non-sovereign store of value, this indicates that their prices are not seriously overestimated and they can also serve as effective hedging tools against bitcoin. In the coming decades, bitcoin will face at least two major risks: security budget and quantum resistance.
The core point is that bitcoin is relatively rigid and may not be able to respond to these issues quickly enough.
Of course, I still firmly believe that bitcoin is undoubtedly the best non-sovereign currency and the asset most likely to replace gold. But if you are looking for a good reason to hold L1 tokens, this is it."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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