Cryptocurrency analyst Willy Woo has claimed that Bitcoin now holds the position of leadership in ledger technology, surpassing its historical significance compared to gold. In an interview with Foresight News, Woo argued that gold’s industrial applications and widespread availability across the universe have diminished its status as a secure and immutable monetary record-keeper. He highlighted that true value lies within ledger technology, a field where Bitcoin excels. Woo emphasized that Bitcoin’s potential in this space represents a significant advancement on top of 6,000 years of gold’s role as a monetary ledger. By emphasizing the real purpose of currency – a ledger system – Woo challenges the notion of associating value solely with industrial applications.