I recently came across a phenomenon that I find quite interesting. Back then, when people talked about BTC, nine out of ten would discuss the price. But now more and more people are starting to ask: What else can BTC do? This shift is actually important.
Because for an asset to exist long-term, it can’t only play the role of a store of value. Gold used to be like that too. From a safe-haven asset to being integrated into financial markets—the role it plays has kept evolving. BTC may be going through a similar phase. The difference is that gold took hundreds of years to develop into what it is. For BTC to complete such a transformation within a decade or a couple of decades—that in itself is a huge challenge.
So I think BTCFi isn’t just about adding a few yield products. What it truly faces is: how to take an asset that places extreme emphasis on security and gradually integrate it into a more complex economic system. When studying Babylon, one particularly distinctive thing I noticed is that it didn’t try to turn BTC into something else. A lot of innovations like to repackage things—change names, issue new assets, and create new narratives.
But the most precious part of BTC is exactly that it isn’t so easy to change. So innovating around BTC is actually harder. You have to respect its original rules, and then find room within those rules. $BTC
This path won’t explode overnight like a meme. The value of infrastructure doesn’t come from proving itself by jumping tenfold in one day.
What’s really important is how many people are still using it years from now. When I look at BABY now, I’m more like observing an experiment: is Bitcoin only destined to be an ultimate reserve asset, or is it going to become a foundational resource in the future blockchain world? The answer may not appear immediately. But the question itself is worth studying.
@BabylonLabs_io $BABY #baby
Because for an asset to exist long-term, it can’t only play the role of a store of value. Gold used to be like that too. From a safe-haven asset to being integrated into financial markets—the role it plays has kept evolving. BTC may be going through a similar phase. The difference is that gold took hundreds of years to develop into what it is. For BTC to complete such a transformation within a decade or a couple of decades—that in itself is a huge challenge.
So I think BTCFi isn’t just about adding a few yield products. What it truly faces is: how to take an asset that places extreme emphasis on security and gradually integrate it into a more complex economic system. When studying Babylon, one particularly distinctive thing I noticed is that it didn’t try to turn BTC into something else. A lot of innovations like to repackage things—change names, issue new assets, and create new narratives.
But the most precious part of BTC is exactly that it isn’t so easy to change. So innovating around BTC is actually harder. You have to respect its original rules, and then find room within those rules. $BTC
This path won’t explode overnight like a meme. The value of infrastructure doesn’t come from proving itself by jumping tenfold in one day.
What’s really important is how many people are still using it years from now. When I look at BABY now, I’m more like observing an experiment: is Bitcoin only destined to be an ultimate reserve asset, or is it going to become a foundational resource in the future blockchain world? The answer may not appear immediately. But the question itself is worth studying.
@BabylonLabs_io $BABY #baby