Cryptocurrency Valuation - Ethereum (ETH) 的主要用例在很大程度上独立于其市场价值，ETH 的效用和应用收入与 ETH 价格之间的关联性很小 [1] - Bitcoin (BTC) 的主要用例是作为价值存储，这与其价格密切相关 [1] - Bitcoin 的基本设计更适合价值存储用例，而 ETH 必须依赖于与价格关联性较差的其他用例 [1] Comparative Analysis - Ethereum 的估值存在根本性问题，因为其用例与 ETH 的市场价值关联较弱 [1] - Bitcoin 作为价值储存手段的特性，使其价格与基本设计高度契合 [1]

RT Ignas | DeFi (@DefiIgnas)$ETH potential to pump is capped by its failure to be accepted as SoV.To buy and hold $ETH now you need to believe in its ability to become a store of value asset.Yes, $ETH can run to 10k with no fundamental change, but the current narrative of tokenization and RWAs is not enough to push it much higher without the SoV premium.This narrative can even backfire as new chains ALREADY compete for RWAs and stablecoin adoption with better features like privacy, speed, and low fees.Yet n ...

Store of Value (SoV) Potential - Ethereum's potential for price appreciation is limited by its failure to be widely accepted as a store of value [1] - To justify holding Ethereum, investors need to believe in its potential to become a store of value asset [1] - Ethereum needs to gain acceptance from passive institutional and retail holders, similar to Bitcoin [2] - A deflationary supply is considered a crucial element for Ethereum to become a superior store of value compared to Bitcoin [2][3] Tokenization and Real World Assets (RWAs) - The current narrative of tokenization and RWAs may not be sufficient to significantly increase Ethereum's price without the store of value premium [1] - New chains are already competing for RWA and stablecoin adoption with features like privacy, speed, and low fees, potentially hindering Ethereum's growth in this area [1] Ethereum's Advantages - Ethereum possesses native yield and smart contract utility for usage within DeFi [4] - Some DeFi users already treat Ethereum as a yield-bearing collateral, indicating existing adoption as a store of value [2] Challenges and Future Outlook - Alt L1s are unlikely to be as neutral or decentralized as Ethereum, giving Ethereum a potential advantage [2] - Ethereum needs to find a way to tax the L2s, and adoption needs to grow enough to burn supply for it to become a superior SoV [3]

look some of you are in the replies asking why I've been shilling Zcash for a whilerelatively simplei) three important missions in crypto: markets, store of value, privacy/freedomthe last one has been slept on, and it's about to make a comeback as CBDCs and centralized coins accelerateii) there are various large tech improvements coming that will 1,000x performance and scale as well as help with security and finalityiii) monero is a 5B coin and somehow zcash was below 700M when I started talking about itthi ...

@gainzy222 I hard shilled this to you publicly since below $40, and it's still only at 1Bfew mission of existential importance in crypto:- global markets and money movement- store of value- privacyeveryone is drastically sleeping on the last one ...

Market Analysis - BTC (Bitcoin) 市值高，交易速度相对较低，正成为真正的价值储存资产 [1] - BTC 市值与交易量之间的关系表明其作为价值储存手段的地位日益稳固 [1]

Mission - The company aims to help American homeowners convert their home equity into Bitcoin [1] - The company envisions a new American Dream centered around Bitcoin [1] Market Opportunity - The US home equity market is estimated at $34.5 trillion [1] - The US home equity market is considered large and suitable for conversion to Bitcoin [1]

Core Insights - The relationship between Bitcoin and gold extends beyond their roles as stores of value and inflation hedges, with gold serving as a material anchor for crypto assets [2][8] - Bitcoin's design inherently draws comparisons to gold, particularly in terms of scarcity and independence from central financial systems [4][5] Group 1: Historical Context - The ties between cryptocurrency and gold were established even before Bitcoin's inception, with Nick Szabo's "bit gold" concept serving as a precursor [3] - Szabo's vision of a trustless, supply-capped digital asset laid the groundwork for understanding digital money as scarce and independent [4] Group 2: Financialization and Market Impact - Gold's modern financialization began with the launch of the SPDR Gold Shares (GLD) ETF in 2004, which now has over $100 billion in net assets, transforming gold into a contemporary investment vehicle [6] - Bitcoin is following a similar trajectory, with the BlackRock iShares Bitcoin Trust (IBIT) accumulating over $85 billion in assets within two years of its introduction to U.S. stock exchanges [7] Group 3: Investment Dynamics - The ETF structure for both gold and Bitcoin has expanded their investor base, allowing institutional funds and large investors to participate without needing to hold physical assets [9]

Market Trends & Investment Opportunities - Gold has increased by 40% in 2025, marking its best year since 1979 [1] - Central banks are increasing their gold reserves, potentially due to geopolitical concerns or sanctions risks [1] - The debasement of currency is driving investors towards stores of value like gold and Bitcoin [2][3] - Gold and Bitcoin are expected to perform strongly in investment portfolios over the next decade [3] Monetary Policy Impact - M2 money supply has reached a new all-time high of $222 trillion [2] - Continued money printing is expected to support the rise of gold [2][3] - Gold's upward trend will cease when money printing stops [3]

RT 21Rates (@21RatesHQ)Last. Asset. Standing.Bitcoin’s path to becoming the apex store of value?Just keep not dying.@JoeConsorti says it best: ...