Ethereum (ETH) is drawing strong attention from Wall Street, as the asset management company Fidelity now sees this altcoin as a means to store of value (SoV) and an alternative option to preserve assets. In the latest report, Fidelity stated: "ETH is used to pay for all transactions in"

> The role of Bitcoin as a Medium of Exchange is twice that of its value storage function. Written by: Bitcoin Magazine Compiled by: Wuzhu, Golden Finance Michael Saylor, you are forced to realize that all value storage assets are flawed, and it compels you to focus on the only asset that is not flawed. This does not mean you are immune to the situation of the Medium of Exchange. When you look at the real estate market from one angle, you see how massive it is, yet from another angle, you see how terrifying it can be. But if you have experienced pain that forces you to maintain billions of dollars in purchasing power, then housing is a decent tool. Your obsession with SoV has completely missed the point. The biggest aspect of Bitcoin is its Medium of Exchange. Although the fiat currency system increasingly separates the functions of money, that doesn't mean it should. I understand that saying Bitcoin is a Medium of Exchange is

Source: Bitcoin Magazine; Translated by Wuzhu, Golden Finance Michael Saylor, you are forced to realize that all value storage assets are flawed, and this compels you to focus on the only asset that is flawless. This doesn’t mean you are immune to the situation of a medium of exchange. When you look at the real estate market from one perspective, you see how massive it is, while from another perspective, you see how terrifying it can be. But if you have experienced pain that compels you to maintain billions of dollars in purchasing power, then housing is a decent tool. Your obsession with SoV is completely off target. The biggest aspect of Bitcoin is its role as a medium of exchange. While the fiat currency system increasingly separates the functions of money, that doesn’t mean it should do so. I understand that saying Bitcoin is a medium of exchange is poking a hornet's nest, and all the other currency lords will try to stop Bitcoin. It would be great if they joined instead of fighting it.

Author: Jeff Park Compilation: Deep Tide TechFlow Since last November, I have been one of the few voices to be cautious about SBR (Strategic Bitcoin Reserve). So it's not surprising to me to see that we're currently experiencing one of the fastest declines in Bitcoin history. However, for those with a vision, now is a rare opportunity. Next, I will share with you the specifics of this opportunity. But before we can do that, we need to figure out the root cause of the problem before we can get the right solution. SBR's failure is that its hastily launched announcement did not pave the way for Bitcoin to become the eventual adoption of a global store of value (SoV). This is because an SBR in the true sense of the word must rely on multilateral cooperation. And it is this lack of cooperation that has led to today

Bitcoin ($BTC) has recently witnessed a new height in terms of Store of Value. As per Ki Young Ju, the CEO of CryptoQuant, the Store of Value (SoV) of Bitcoin has touched a staggering $1.03T on the 29th of December. Bitcoin Store of Value refers to the total perceived value stored in the Bitcoin

This article analyzes L1 premium, monetary premium, and the valuation of L2 on-chain activities, and finds that L2's fully diluted valuation (FDV) does not have a significant L1 premium, but there is a L1 premium in terms of Market Cap. The trading multiple of Optimism is significantly higher than that of other comparable projects, indicating investors' optimistic attitude towards its collective expansion. In addition, the article raises some questions: Does the monetary premium really exist? Does ETH really have a sovereignty premium (SOV) compared to Solana?

Author: Roy Sheinfeld, Bitcoin Magazine; Translation: Deng Tong, Golden Finance This article comes late. I often talk about Bitcoin (BTC). In any given week, I have dozens of conversations about BTC with people from different industries. Just like a pendulum swings every year, the narrative that BTC is not a Medium of Exchange keeps reappearing. When influential people in the community promote this narrative, people listen. They are influential. But in this article, I want to clarify: BTC is now and will be a Medium of Exchange. More importantly, its future as a Store of Value (SoV) depends on its acceptance as a Medium of Exchange (MoE). Some people see BTC as both SoV and MoE.