Bybit CEO: bitcoin is still far from 'digital gold' status
- —Ben Zhou: high BTC volatility limits its adoption by traditional financial institutions
- —He says bitcoin does not yet match 'digital gold' as a store of value
- —The Bybit CEO's long-term forecast is unchanged: BTC will become 'digital gold'
Why it matters: The view from the head of a major exchange reflects lingering institutional doubts about BTC as a store of value.
Source: Bloomingbit