U.S. Treasury Department calls Bitcoin "digital gold" in fiscal report

PANews reported on December 8 that according to News.bitcoin, the U.S. Treasury Department pointed out in its fourth quarter report for fiscal year 2024 that the main use of Bitcoin seems to be a store of value in the world of decentralized finance (DeFi), also known as 'digital gold'; so far, speculative interest seems to have played a prominent role in the growth of digital tokens. "Despite a small base, digital assets have achieved rapid growth. Growth comes from both native cryptocurrencies such as Bitcoin and Ethereum, as well as stablecoins." The document added: "To date, the adoption of cryptocurrencies by households and industries has been limited to holding digital assets for investment purposes."

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Author: PA一线

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