比特币可能已经准备好抓住金色的皇冠

比特币可能已经准备好抢购黄金的冠冕。 Blockstream首席执行官Adam Back表示，世界上最大的加密货币可能与黄金相媲美（CM：Xauusd）

Bitcoin (BTC) may be getting ready to snatch gold’s crown. Blockstream CEO Adam Back says the world’s largest cryptocurrency could rival gold (CM:XAUUSD) as a hedge against inflation and geopolitical uncertainty over the next decade. And despite Bitcoin’s recent dip from all-time highs, Back believes its scarcity and adoption curve give it the edge.

比特币（BTC）可能已经准备好抓住金的冠冕。 Blockstream首席执行官Adam Back表示，世界上最大的加密货币可能与黄金（CM：Xauusd）相媲美，这是反对通货膨胀和地缘政治不确定性的树篱。尽管比特币最近从有史以来的高点下降了，但Back认为它的稀缺性和采用曲线使它具有优势。

Speaking at Paris Blockchain Week 2025, Back told

在巴黎区块链第2025周讲话时，

Cointelegraph

COINTELEGRAPH

that monetary instability is accelerating global Bitcoin adoption.

这种货币不稳定正在加速全球比特币的采用。

“Bitcoin has the advantage of being like gold – it’s a scarce asset but also undergoing an adoption curve, and we’re seeing that in times of monetary instability, people are turning to Bitcoin.”

“比特币具有像黄金一样的优势 - 这是一项稀缺的资产，但也经历了采用曲线，我们看到在货币不稳定时期，人们正在转向比特币。”

He also pointed out that inflation, in his view, is nowhere near the 2% rate policymakers love to project.

他还指出，在他看来，通货膨胀率远不及2％的政策制定者喜欢投射。

“The inflation rate is probably 10% or 15% which is an investment return that is very hard to get with stocks or housing rentals. So I think people are looking at Bitcoin for that 10%-15% inflation hedge.”

“通货膨胀率可能是10％或15％，这是一种投资回报，很难获得股票或住房租金。因此，我认为人们正在为10％-15％的通货膨胀对冲中的比特币寻找比特币。”

Experts Split on Bitcoin’s Inflation Hedge Status

专家分裂比特币的通货膨胀对冲状况

Not everyone’s buying it. Ray Dalio, founder of Bridgewater Associates, thinks Bitcoin is still a speculative asset.

并非每个人都在买它。 Bridgewater Associates的创始人Ray Dalio认为比特币仍然是投机性的资产。

“The reliability of crypto in terms of correlating with inflation? No, it doesn’t really. Not well,” Dalio said in a recent Investopedia interview. His go-to hedge is still gold, which he called the “third-largest reserve currency” behind the dollar and euro.

达利奥在最近的Investopedia采访中说：“加密与通货膨胀相关的可靠性吗？他的首选树篱仍然是黄金，他称其为“第三大储备货币”，仅次于美元和欧元。

And JPMorgan (JPM) analysts say the recent flight to gold proves the point. In a note, the bank argued that “the sharp rise in gold prices highlights a stronger investor appetite for traditional safe havens,

摩根大通（JPM）分析师说，最近飞往黄金的航班证明了这一点。该银行在一份说明中辩称：“黄金价格的急剧上涨凸显了对传统避风港的更强烈的投资者的需求，