Bitwise Cio Matt Hougan說，比特幣（BTC）處於其自然進化的下一階段。

Crypto資產管理公司Bitwise的CIO表示，比特幣（BTC）正在經歷其自然進化的下一階段。

The CIO of crypto asset management firm Bitwise says Bitcoin (BTC) is going through the next phase of its natural evolution.

Crypto資產管理公司的CIO Bitwise表示，比特幣（BTC）正在經歷其自然進化的下一階段。

In a new Crypto Prime interview, Matt Hougan explains a key difference between the current Bitcoin bull market and the one heating up in 2020.

馬特·霍根（Matt Hougan）在一次新的Crypto Prime採訪中解釋了當前的比特幣牛市與2020年暖氣的關鍵區別。

According to Hougan, the current market cycle is being driven by major institutions as they lay the groundwork for the king crypto to evolve into a trusted store of value.

據霍根說，當前的市場週期是由主要機構驅動的，因為它們為國王加密貨幣奠定了基礎，使其發展成為值得信賴的價值存儲。

"The Bitcoin of today really is different than the Bitcoin of five years ago. That was a Bitcoin driven by retail investors and crypto-native investors. This is increasingly a Bitcoin driven by institutions, corporations, governments and macro hedge funds.

“今天的比特幣確實與五年前的比特幣不同。這是由零售投資者和加密本地投資者驅動的比特幣。這是由機構，公司，政府和宏觀對沖基金驅動的比特幣。

And you're seeing it behave differently. You're seeing it behave more like a hedge asset. I think it's maturing before our eyes. Bitcoin's a teenager. It's 15 years old. It's in a transition phase from a risk asset to a hedge asset. But I think that's the direction of travel. I think you're going to see it act like that more and more in the future.

而且您看到它的行為不同。您認為它的行為更像是樹籬資產。我認為這是在我們眼前的成熟。比特幣是一個少年。已經15歲了。它處於從風險資產到對沖資產的過渡階段。但是我認為這是旅行的方向。我認為您將來會越來越多地行事。

And as it does, it's going to bring more investors into it because it's a really useful tool in the macro quiver."

而且，它將帶來更多的投資者，因為它是宏Quiver中真正有用的工具。 ”