Bitcoin's Identity Crisis: How Stablecoins, Gold, and Prediction Markets Are Stealing Its Thunder
Bitcoin’s Identity Crisis: How Stablecoins, Gold, and Prediction Markets Are Stealing Its Thunder Cryptocurrency enthusiasts have certainly noticed Bitcoin’s emerging identity crisis. Once considered the poster child of the crypto market, Bitcoin is confronting a landscape where its relevance as “digital gold,” a payment mechanism, and a speculative asset is being questioned. With a market cap drop of over $1 trillion, let’s explore what this means for Bitcoin and its standing in the ever-evolving world of digital assets....