Bitcoin 'Much Better Than Gold' As Reserve Asset, Says Crypto Hedge Fund Founder
Bitcoin 'Much Better Than Gold' As Reserve Asset, Says Crypto Hedge Fund Founder
Morehead pointed to regulatory uncertainty as one of the primary barriers preventing institutional participation. Pantera Capital founder and managing partner Dan Morehead believes that cryptocurrency is a burgeoning asset class still largely untapped by institutional investors.
Pantera Capital創始人兼管理合夥人丹·莫爾黑德認爲，加密貨幣是一種新興的資產類別，在很大程度上仍未被機構投資者開發。
What Happened: Speaking in an interview with CNBC on Thursday, Morehead emphasized the transformative potential of blockchain technology, likening it to other emerging markets of the past.
發生了什麼：在週四接受CNBC採訪時，莫爾黑德強調了區塊鏈技術的變革潛力，將其比作過去的其他新興市場。
"This is very similar to commodities in the 80s, emerging markets in the 90s, or mortgages in the 70s and 80s," Morehead explained. "It's just a new asset class. Most people don't have exposure to it yet."
莫爾黑德解釋說：「這與80年代的大宗商品、90年代的新興市場或70年代和80年代的抵押貸款非常相似。」「這只是一種新的資產類別。大多數人還沒有接觸過它。」
Morehead pointed to regulatory uncertainty as one of the primary barriers preventing institutional participation.
莫爾黑德指出，監管的不確定性是阻礙機構參與的主要障礙之一。
He noted that ongoing lawsuits involving major crypto firms have created hesitation among pension funds, endowments, and other large players.
他指出，涉及主要加密公司的持續訴訟使養老基金、捐贈基金和其他大型參與者猶豫不決。
"It's been very unclear what is a security and what is not," he said, adding that clearer regulatory guidelines could pave the way for institutional adoption.
他說：「目前尚不清楚什麼是證券，什麼不是證券，」 他補充說，更明確的監管指導方針可能爲機構採用鋪平道路。
Despite these hurdles, Morehead remains optimistic about the long-term trajectory of cryptocurrency markets.
儘管存在這些障礙，但莫爾黑德仍然對加密貨幣市場的長期走勢持樂觀態度。
He highlighted Bitcoin's (CRYPTO: BTC) consistent performance over the past decade, stating, "Bitcoin has more than doubled this year, but that's not unusual—it's done that for 11 years in a row."
他強調了比特幣（CRYPTO: BTC）在過去十年中的持續表現，他說：「比特幣今年增長了一倍以上，但這並不罕見——它已經連續11年這樣做了。」
Morehead also addressed the idea of the U.S. building a Bitcoin reserve, an idea recently floated by policymakers.
莫爾黑德還談到了美國建立比特幣儲備的想法，這是決策者最近提出的想法。
"The U.S. already owns 1% of the world's Bitcoins," he remarked. "It would be great for the U.S. to get out in the lead. Bitcoin is much better than gold as a reserve asset."
他說：「美國已經擁有全球比特幣的1％。」「如果美國處於領先地位，那將是件好事。作爲儲備資產，比特幣比黃金好得多。」
Also Read: Bitcoin To Hit $160,000 By 2025 For These 3 Reasons: Report
另請閱讀：由於這三個原因，到2025年，比特幣將達到16萬美元：報告
As for Pantera's portfolio, Morehead mentioned significant positions in tokens like Solana (CRYPTO: SOL) , The Open Network (CRYPTO: TON) and Ondo (CRYPTO: ONDO).
至於Pantera的投資組合，莫爾黑德提到了索拉納（加密貨幣：SOL）、開放網絡（加密貨幣：TON）和Ondo（加密貨幣：ONDO）等代幣的大量頭寸。
He highlighted the firm's strategy of maintaining long positions due to their confidence in crypto's potential for exponential growth.
他強調了該公司維持多頭頭寸的戰略，因爲他們對加密貨幣的指數增長潛力充滿信心。
"We're typically long because we think the markets are going to go up another huge amount—possibly by another order of magnitude," he said.
他說：「我們之所以做多，通常是因爲我們認爲市場將再次大幅上漲——可能會再上漲一個數量級。」
- Donald Trump Pledges To 'Do Something Great With Crypto'—Here's What He's Done So Far
- 唐納德·特朗普承諾 「用加密貨幣做點好事」 ——這是他迄今爲止所做的事情
Image: Shutterstock
圖片：Shutterstock
