This was the most important Bitcoin announcement all year and most people missed it
Bundled Bitcoin-Backed loans can penetrate the fixed income market far greater than Perpetual Preferred Equity
- S&P rated
- “Credit” according to the law (which “digital credit” is not)
- Doesn’t rely on one single entity being the borrower
- Provides a value-add for real Bitcoin holders
Bitcoin-backed securities replicating the success of mortgage-backed securities is how BTC gets its next 10x