Bitwise: Bitcoin fit pass gold as storage of value and money

Bitwise CIO Matt Hougan talk say Bitcoin dey grow past “digital gold” to become tool for cross-border trade. E yan say Bitcoin fit eventually pass gold value of about $34T if e get two roles: as store-of-value (like gold) and as currency-like settlement (like dollar). One fresh catalyst wey e highlight na geopolitical pressure for Strait of Hormuz. Hougan point to reports say Iran propose to use Bitcoin to pay maritime transit/tolls, making Bitcoin appear as an “apolitical alternative” wey fit sidestep traditional financial rails wey dem don weaponize. Hougan repeat im earlier target: Bitcoin fit reach $1M per coin if e capture about 17% of the store-of-value market over the next decade, though e talk say targets fit need raise higher if currency-like use quickens. For traders, Bitcoin current scale (~$1.4T market cap, ~$74.5k/BTC) still far below gold (~$33.7T), but adoption signals wey dem cite include corporate holdings of 1.5M+ BTC and about 11,000 merchants wey dey accept BTC. Key takeaway: if policy and geopolitics continue to push demand for non-sanctioned payments and settlements, the “Bitcoin as currency + settlement” storyline fit keep bullish momentum.