@BabylonLabs_io #baby $BABY
Just finished listening to the latest Double Down clips and one thing stood out more than the quotes themselves.
Two different guests.
Two different firms.
One conclusion.
@Charles d'Haussy called Bitcoin "the most pristine asset" for collateral because markets already know how to value it. A week later, VanEck's Patrick Bush made a similar point from a different angle. As Bitcoin matures, collateral becomes one of its most important use cases.
That doesn't feel like a coincidence.
For years, the conversation around Bitcoin has mostly been about price appreciation.
Lately, it feels like the conversation is shifting toward what Bitcoin can secure.
That's an important distinction.
An asset doesn't need to be spent to create economic activity if it can reliably support credit instead.
Which makes Babylon's work around Trustless Bitcoin Vaults feel less like a new lending product and more like infrastructure for a market that's already forming.
Makes me wonder if the next chapter of Bitcoin adoption won't be defined by who buys more BTC...
...but by who figures out how to put native BTC to work without giving it up.
Just finished listening to the latest Double Down clips and one thing stood out more than the quotes themselves.
Two different guests.
Two different firms.
One conclusion.
@Charles d'Haussy called Bitcoin "the most pristine asset" for collateral because markets already know how to value it. A week later, VanEck's Patrick Bush made a similar point from a different angle. As Bitcoin matures, collateral becomes one of its most important use cases.
That doesn't feel like a coincidence.
For years, the conversation around Bitcoin has mostly been about price appreciation.
Lately, it feels like the conversation is shifting toward what Bitcoin can secure.
That's an important distinction.
An asset doesn't need to be spent to create economic activity if it can reliably support credit instead.
Which makes Babylon's work around Trustless Bitcoin Vaults feel less like a new lending product and more like infrastructure for a market that's already forming.
Makes me wonder if the next chapter of Bitcoin adoption won't be defined by who buys more BTC...
...but by who figures out how to put native BTC to work without giving it up.