Let’s Be Crystal Clear Regarding $BTC does not need $STRC.
Stablecoins do not need $STRC.
Strategy does.
$STRC is not necessary for Bitcoin.
It is necessary for Strategy’s attempt to build a scalable credit business around its Bitcoin balance sheet without selling the Bitcoin.
I hope they succeed.
If they do,STRC can help $BTC indirectly by opening the credit markets as another source of Bitcoin demand.
But keep the hierarchy clear:
Bitcoin works without Strategy.
Bitcoin scales without $STRC.
Strategy benefits from Bitcoin far more than Bitcoin depends on Strategy.
STRC may be bullish for BTC because it can channel credit-market capital toward Bitcoin.
But STRC is an accelerant and not the engine.
Bitcoin is the asset and Strategy is one participant.
Stablecoins do not need $STRC.
Strategy does.
$STRC is not necessary for Bitcoin.
It is necessary for Strategy’s attempt to build a scalable credit business around its Bitcoin balance sheet without selling the Bitcoin.
I hope they succeed.
If they do,STRC can help $BTC indirectly by opening the credit markets as another source of Bitcoin demand.
But keep the hierarchy clear:
Bitcoin works without Strategy.
Bitcoin scales without $STRC.
Strategy benefits from Bitcoin far more than Bitcoin depends on Strategy.
STRC may be bullish for BTC because it can channel credit-market capital toward Bitcoin.
But STRC is an accelerant and not the engine.
Bitcoin is the asset and Strategy is one participant.
