More than digital gold, the next chapter of Bitcoin is about to be locked – Dan will be held
Bitcoin (Btc) has long been branded as “digital gold,” a store of value for believers in deficiency, decentralization and self-suoverignty. As the institutional interest increases, the geopolitics shift, and the new layers have appeared in the Stack of Bitcoin, is it time to change the narrative?
In this episode of The clear crypto podcast.
Political changes
Through US president Donald Trump is openly supporting Bitcoin – and it has been reported to be its own – he said he said he saw a change in regulation and reputation.
“We are the most open administration towards Bitcoin in the United States,” he said.
“It’s kind of strange feeling … Usually in the press, bitcoin mining destroys the environment. Launderers use it money … And instead, you get the president encouraging Bitcoin.”
The unlikely increase of Bitcoin will be raised in moments of poverty, from China’s mining crackdowns to the strict approach of the Biden administration to crypto banking. But despite those challenges, approximately 25% of Americans today have Bitcoin owned, he said.
Defi in bitcoin
What is next can push the owner into a new phase. The held and Jenkinson are proponents of the development of decentralized financial tools (DEFI) at the top of Bitcoin, traditionally traditionally associated with blockchains such as Ethereum or Solana.
“If we could return (Defi) to Bitcoin, Bitcoin could use not only the speculation -haka … but other speculative games would allow Bitcoin to grow faster.”
This includes borrowing, lending, and staking, all mechanisms that allow users to interact with Bitcoin beyond simple handling or trading.
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Jenkinson wrote the potential, featuring a transfer of attitude: “If you can use (Bitcoin) and bring Defi to it, you allow people to use digital gold as the underlying possession … This is not a difficult thing to do, because most hardcore bitcoin maximalist doesn’t want people to give up their bitcoin for something else.
The tension between the so-called “bitcoin puritans” and more modest voices are not new, held to be mentioned. He recounted the 2017 Bitcoin Cash Fork, describing it as “a civil war … brother against brother.” But unlike the unobtrusive division, evolution today occurs without rewriting Bitcoin base policies. “No one suggests changing Bitcoin policies,” Hel said. “This is a change built on top.”
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