Tom Lee 认为，“老一代人的思维方式”标志着银行业的一次变革，而非市场见顶

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Key points:
Tom Lee of Bitmine Immersion denied that crypto's "boomer moment" signals a top, saying ETF inflows are stable long-term capital.
Bitcoin remained the dominant store-of-value layer and Ethereum the computing layer due to its neutrality over bank-issued Layer 1s.
He predicted five of the world's ten largest banks will be digital-native in ten years, like Netflix disrupting studios.
Tom Lee, of Bitmine Immersion Technologies, Inc. (BMNR), said on Friday that cryptocurrencies' so-called "boomer moment" was not a sign of a market top but rather a shift in banking infrastructure.

Speaking on The Meb Faber Show, the Fundstrat co-founder pushed back on Jeffrey Gundlach's quip that "crypto is all about boomers now," saying that the capital flowing into crypto ETFs is stable long-term capital rather than speculative money. "The banks, who are the most powerful movers of money in the world, realize they can make a lot of money moving things on blockchains,” said Lee.

While he acknowledged that the cryptocurrency market has “underperformed” in this current cycle, the industry’s underlying logic for structural development has never been more solid.

The Case Against A 'Too-Big-to-Fail' Blockchain

Lee has sorted out two core use cases that drive financial institutions to implement blockchain. The first is the tokenization and instant settlement of real-world assets covering real estate and artworks, which enables 24x7 trading and new forms of collateral. The second is AI agents completing identity verification and holding digital wallets by relying on blockchain.

Lee has long held a bullish view on the positioning of the two major public blockchains. He maintained his position that Bitcoin (BTC) will serve as the dominant value storage layer, while Ethereum (ETH) will act as the computing layer.

Lee had argued that Ethereum's neutrality is its main competitive advantage over rival layer-1 chains. "Ethereum is a truly neutral chain. I don't think anyone ever feels that someone's got a fat finger tilting it in their favor," he said. "If one of the banks creates their own layer one, calling it, I don't know, too-big-to-fail bank layer-one blockchain, no one is going to feel that's a neutral blockchain."

BMNR’s stock was down 0.2% in after-hours, after closing below $20 on Friday. However, on Stocktwits, retail sentiment around BMNR remained in the ‘bullish’ zone, while chatter improved to ‘extremely high’ from ‘normal’ levels over the past day.

He added that Tether, the largest stablecoin issuer in the world, earns an annual profit of 15 billion US dollars with only 300 employees, a performance that would rank it as the world’s eighth most profitable bank. Drawing on the same logic that Netflix used to disrupt the traditional film and television industry, Lee predicts that within a decade, five out of the world’s top ten banks will be native digital banks.
source: https://www.tradingview.com/news/stocktwits:6adf32ebf094b:0/