Reddit's cofounder says the crypto winter will clean house - and hails bitcoin as gold for a new generation

• Alexis Ohanian says the crypto winter will shake out "tourists and grifters" from the sector.
• The Reddit cofounder views bitcoin as a haven asset like gold, but for a new generation.
• Ohanian paid just $15,000 for ether that would be worth over $100 million today if he'd kept it all.

Alexis Ohanian predicts a brighter, cleaner future for cryptocurrencies, and sees bitcoin as a modern-day version of gold.

"I've invested through every 'crypto winter,' and they still don't faze me," the Reddit cofounder posted on X this week. "Winter clears out the tourists and grifters, it happens in every industry."