I keep coming back to one question:
can Bitcoin become usable capital without first becoming something else?
That’s why Babylon’s TBV stands out to me. The first use case is native BTC-backed borrowing, which means the pitch is not just “more Bitcoin utility.” It is that BTC can act as collateral without first being wrapped, bridged, or moved into a structure that stops feeling native.
What really got my attention is that I’ve never wrapped my BTC. I’ve never been comfortable with the extra trust assumptions that usually come with making Bitcoin usable somewhere else. So the moment a product says native BTC can stay native while still being put to work i pay attention.
If that model works, Bitcoin stops being just a passive hold. It starts looking more like deployable capital without requiring the usual tradeoff between utility and native form.
That is why this feels bigger than a normal feature update. Babylon is not only adding a new use case. It is testing whether reducing those tradeoffs is enough to make Bitcoin holders actually use BTC as collateral instead of just keeping it untouched.
So I’m curious: if native BTC could be used this way, would you actually put your Bitcoin to work....or would you still rather leave it idle?
@BabylonLabs_io $BABY #baby
can Bitcoin become usable capital without first becoming something else?
That’s why Babylon’s TBV stands out to me. The first use case is native BTC-backed borrowing, which means the pitch is not just “more Bitcoin utility.” It is that BTC can act as collateral without first being wrapped, bridged, or moved into a structure that stops feeling native.
What really got my attention is that I’ve never wrapped my BTC. I’ve never been comfortable with the extra trust assumptions that usually come with making Bitcoin usable somewhere else. So the moment a product says native BTC can stay native while still being put to work i pay attention.
If that model works, Bitcoin stops being just a passive hold. It starts looking more like deployable capital without requiring the usual tradeoff between utility and native form.
That is why this feels bigger than a normal feature update. Babylon is not only adding a new use case. It is testing whether reducing those tradeoffs is enough to make Bitcoin holders actually use BTC as collateral instead of just keeping it untouched.
So I’m curious: if native BTC could be used this way, would you actually put your Bitcoin to work....or would you still rather leave it idle?
@BabylonLabs_io $BABY #baby