Alliance DAO co-founder QwQiao said in a social media post that if the L1 token has the potential to become a non-sovereign store of value, it shows that its price is not seriously overvalued, and it can also serve as an effective hedge for Bitcoin. Bitcoin will face at least two major risks in the next few decades: security budget, quantum resistance. The core idea is that Bitcoin is relatively rigid and may not be able to deal with these issues quickly enough. Of course, I still believe that Bitcoin is undoubtedly the best non-sovereign currency and the most likely asset to replace gold, but if you want a good reason to hold an L1 token, this is it.
Previously reported, QwQiao said that it is difficult to convince himself to hold L1 tokens for a long time because there is no moat.
Alliance DAO still believes bitcoin is the most likely asset to replace gold
2025-12-02 11:56:33
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