Bitcoin Still Far from Digital Gold, Says Bybit CEO

Bybit's CEO, Ben Zhou, believes that Bitcoin still has a long way to go before it can be considered mature 'digital gold.' In an interview with Cointelegraph during Paris Blockchain Week in April, Zhou cited recent price volatility as a hurdle for traditional financial institutions to accept Bitcoin as a reliable store of value.

Despite this challenge, Zhou remains optimistic about Bitcoin's long-term prospects. He stated that his view has not changed and that he believes Bitcoin will eventually establish itself as 'digital gold.'