đ¤ Sometimes I wonder if I'm hallucinating about the use of $BTC as collateral.
â ď¸Iâm always trying to refute the thesis of that usefulness. I keep arriving at the same conclusion:
đThe retail saver/investor world needs solid collateral, just as institutions use T-Bills to obtain liquidity. Real estate is valuable, but itâs very illiquidâdependent on location and debt.
Bitcoin, on the other hand, is highly liquid, global, scarce, portable, and divisible. It increasingly seems like the only and best answer that leads us to avoid selling it while we harvest its appreciation, donât interrupt compound interest, and issue credit against our holdings.
â ď¸Iâm always trying to refute the thesis of that usefulness. I keep arriving at the same conclusion:
đThe retail saver/investor world needs solid collateral, just as institutions use T-Bills to obtain liquidity. Real estate is valuable, but itâs very illiquidâdependent on location and debt.
Bitcoin, on the other hand, is highly liquid, global, scarce, portable, and divisible. It increasingly seems like the only and best answer that leads us to avoid selling it while we harvest its appreciation, donât interrupt compound interest, and issue credit against our holdings.