Is Bitcoin going to break up with "Crypto Assets"?



[Plain Language Introduction] This article explores Jack Dorsey's aversion to "Bitcoin is not a Crypto Assets" and points out that it is not a "breakup," but an inevitable "specialized division of labor."

The market recognizes that Bitcoin and Crypto Assets serve different functions: Bitcoin is becoming a currency base akin to "digital gold," focusing on value storage, characterized by security and predictability. Meanwhile, "Crypto Assets" (such as Ethereum) are seen as forming a rapidly iterating technology sector, innovating in applications like DeFi and NFTs.

The two are not in competition, but rather different tiers of the new digital economy. Bitcoin is not suitable for everyday payments due to appreciation expectations, a gap that is being filled by stablecoins. Ultimately, they will work together rather than replace each other.

For details, please see:
BTC-3.12%
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