Bitcoin (BTC) is positioning itself as a competitor not just to gold’s $16 trillion market but to the entire $30 trillion US Treasury market used as a store of value, according to Bitwise CEO Hunter Horsley. His comments respond to economist Mohamed El-Erian’s caution about Treasuries losing their status as a safety benchmark. This perspective frames Bitcoin’s total addressable market at $46 trillion, challenging traditional savings instruments as institutional and individual investors reassess risk-off assets.
about Bitcoin's $46T Market Potential Beyond Gold