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Tom Lee Sees Bitcoin as the Internet of 1996 – Still Early, Still Undervalued

  • Tom Lee compares Bitcoin's current stage to the early days of the internet in the mid-1990s, highlighting its undervaluation and potential for growth.
  • Lee believes that the majority of investors have yet to enter the Bitcoin market, indicating that the phase of early adoption is far from over.
  • He emphasizes the trustworthiness of the Bitcoin blockchain in an era of digital misinformation, suggesting it is viewed as a secure asset by both governments and corporations.
  • Additionally, Lee expresses optimism about Ethereum's role in supporting stablecoins and predicts that both BTC and ETH are undervalued as their practical applications continue to evolve.

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