News: US Treasury Department releases report calling Bitcoin digital gold
▪️Digital asset market cap remains low relative to other financial and real assets, and growth thus far does not seem to have cannibalized demand for Treasuries ▪️The use case of digital assets continues to evolve, but interest has proceeded along two main tracks ▪️Primary use case for Bitcoin seems to be a store of value aka "digital gold" in a decentralized finance (DeFi) world; speculative interest seems to have played a prominent role in the growth of digital tokens thus far ▪️ Efforts to leverage blockchain and distributed ledger technology (DLT) to develop new applications and improve the legacy financial market clearing and settlement infrastructure
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For reference, these were the most recent reports I could find. The first is more applicable in scope. I was mostly curious on how they compared BTC to stablecoins and transaction cost coins. Personally always wondered if I should buy into Solana as that blockchain's use for pump and dumps and rug pulls doesn't seem to be slowing
Arrayfunction : For reference, these were the most recent reports I could find. The first is more applicable in scope. I was mostly curious on how they compared BTC to stablecoins and transaction cost coins. Personally always wondered if I should buy into Solana as that blockchain's use for pump and dumps and rug pulls doesn't seem to be slowing
https://home.treasury.gov/system/files/221/TBACCharge2Q42024.pdf
https://home.treasury.gov/system/files/221/CombinedChargesforArchivesQ42024.pdf
Jaguar8 OP Arrayfunction : If you want good returns, I prefer DOGE. Elon Musk just tweeted the same pic he tweeted before which made DOGE run
Jaguar8 OP Arrayfunction : This is the pic he tweeted.
NeWbie coffee boy : Where can we buy dogecoin big brother Jag
Jaguar8 OP NeWbie coffee boy : I use Coinbase
NeWbie coffee boy Jaguar8 OP : Is a apps?
Jaguar8 OP NeWbie coffee boy : Yes
NeWbie coffee boy Jaguar8 OP : Ok thanks a lot big brother Jag
Jaguar8 OP NeWbie coffee boy : Secure profits
Jaguar8 OP NeWbie coffee boy : And be good and be kind. Don’t be a bad boy ok![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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