Bitcoin dominance is an irrelevant statistic. Bitcoin and | Matt_Hougan on Binance Square

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Bitcoin dominance is an irrelevant statistic. Bitcoin and Ethereum are not competing in the same markets.

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@Matt_Hougan

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Wait a second ... I thought you said credit cards were "good enough" and that stablecoins didn't have a use case in payments...

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I think this is the "Summer of Accumulation" -- a moment for long-term investors to build positions ahead of an epic EOY run.

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Here's ChatGPT's comparsion of the all-in cost of an international purchase on Shopify using traditional methods vs. the new stablecoin approach. It's flagging a 60%-80% savings.

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1/ Thesis: Bitcoin can make a portfolio less risky. In a recent CIO Memo, I explained what all the “bitcoin in portfolio” studies get wrong and explore how most of my peers actually build their personal portfolios. A thread.

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Find me another market where the US government's base case is for 800% growth in the next three years. $CRCL

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