Let me share my personal understanding.

CN
Phyrex
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5 hours ago

In my personal understanding, the meaning of this chart from BlackRock should represent:

BTC: As a global currency alternative, it emphasizes its global, decentralized, and non-sovereign nature, serving as a hedge against global turmoil and the declining trust in governments, banks, and fiat currencies.

It is suitable as a "safe-haven asset," similar to investment assets like gold.

ETH: Betting on the adoption of blockchain technology, Ethereum serves as core infrastructure supporting various blockchain-based applications, which is crucial for the ongoing development and integration of blockchain technology.

It is suitable as a "risk asset," similar to investment assets like stocks.

So essentially, BlackRock's message should be that #BTC is digital gold, as its high consensus and scarcity will make it a safe-haven tool, just like gold. Meanwhile, #ETH represents the foundational infrastructure in the blockchain space, symbolizing "developing enterprises," with its price influenced by various factors, leading to greater volatility, much like stocks.

In simpler terms, BTC is worth collecting, while ETH is for speculation.

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