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Bitwise CEO Hunter Horsley said capital will shift from U.S. Treasuries into Bitcoin and gold over the next decade. In a post on X, Horsley said, “The narrative of the next 10 years is not flows from gold to BTC. It is flows from U.S. Treasuries to BTC and gold.”
Before that comment, Bitcoin maximalist Fred Krueger argued that China would sell all of its U.S. Treasury holdings over the next seven years and replace them with gold.