🇺🇸 The latest report from the US Treasury Department states that “the primary use case for #Bitcoin appears to be as a store of value, aka ‘digital gold’ in the DeFi world.”

The report adds that "speculative interest appears to have played a significant role in the growth of digital tokens so far."

“The market cap of digital assets remains small relative to other financial and real assets, and growth so far does not appear to have cannibalized demand for Treasuries.”