jakiro
Author: LEDN CEO MAURICIO DI BARTOLOLOMEO, Coindesk; Compilation: White Water, Bit Chain Vision Realm
When Michael Saylor announced in August 2020, MicroslateGy converted $ 250 million in fiscal reserves into Bitcoin, and Wall Street analysts believed that this was a reckless gambling.Saylor claimed that Bitcoin was “better than cash” at the time, which caused doubts from the traditional banking industry.
However, today, those banks that laughed at Bitcoin companies are now scrambling to participate in the Bitcoin mortgage loan because they are competing to use Bitcoin as the superior characteristics of institutional mortgage and the vigorous product market.
Traditional collateral (such as real estate) requires manual assessment, subjective assessment and complex legal framework (different from the jurisdiction of judicial jurisdiction).In contrast, Bitcoin provides mortgage support for instant verification, 24/7 real -time settlement and liquidation functions, no matter how geographical or transaction opponents, and the ability to execute loan clauses in programming.Essence
When the lender realized that they could immediately verify and liquidate the Bitcoin mortgage at 3 am on Sunday -and the real estate was waiting for manual evaluation, subjective valuation and potential deportation -there would be no circuit.
1. Successful banking industry yields to Bitcoin.
The method of Microslategy (MSTR) fundamentally changed the way that listed companies regard Bitcoin as financial assets.The company does not simply hold Bitcoin, but has created a financial model that uses the open market to expand its cryptocurrency status -issuance of convertible bills and issuing stocks on the market to provide funds for buying Bitcoin.This strategy enables MicroStrategy to use the same financial projects that make traditional banks stronger, but Bitcoin uses Bitcoin as the basic assets, rather than traditional financial instruments and real estate, so that the performance of Microstrategy is significantly better than the spot Bitcoin ETF.
Therefore, one of my forecasts for 2025 isMSTR will announce a 10-1 shares segmentation to further expand its market share because this will allow more investors to buy stocks and options contracts.Microslategy’s behavior shows how deep Bitcoin’s penetration of traditional enterprises’ financing.
I also believe that as long -term holders and new investors want to get more benefits from their positions,Financial services established around Bitcoin will be very popular.We expect Bitcoin mortgage loans and income -based products of Bitcoin holders worldwide to grow rapidly.
In addition, the loan supported by Bitcoin has become so popular, and there is an almost poetic answer -they are the true representative of financial inclusiveness, and Madele’s business owners are facing the same mortgage requirements and interest rates as Madrid.Everyone’s Bitcoin has the same attributes, verification standards and liquidation processes.This standardization eliminates arbitrary risk premiums for imposing to emerging market borrowers in history.
For decades, traditional banks have been selling “global influence”, while maintaining very different loan standards in different regions.Now, the loan supported by Bitcoin exposes the essence of this genetic low -efficiency: the relics of outdated financial systems.
2. As the capital flows freely, the border disappears.
Countries are entering a new era of Bitcoin business and capital competition.therefore,We are expected to see new tax incentives specifically for Bitcoin investors and enterprises in 2025.These incentive measures will be implemented with the fast visa plan for cryptocurrency entrepreneurs to attract the regulatory framework of Bitcoin.
Historically, countries are competing for manufacturing bases or regional headquarters.They are now competing for Bitcoin mining business, trading venues and hosting infrastructure.
Salvador’s Bitcoin vault status represents an early experiment of Bitcoin reserves of the nation -state.Although they are experimental, their actions and recent proposal to the United States have forced the traditional financial center to face the role of Bitcoin in sovereign finance.
Other countries will study and try to copy these frameworks to prepare their own measures to attract capital flows for Bitcoin.
3. Open the door for bank participants.
In the debt market, necessary promoting innovation.Listed companies now use the bond market and convertible bills to provide funds for Bitcoin -related transactions.This approach has transformed Bitcoin from a speculative asset to the cornerstone of corporate financial management.
Companies such as Marathon Digital Holdings and Semler Scientific have successfully followed Microslategy’s leading position and obtained market returns.This is the most important signal for financial managers and CEOs.Bitcoin has attracted their attention now.
at the same time,Bitcoin lending market has made great progress over the past two years.Serious institutional lender now requires appropriate mortgage isolation, transparent custody arrangements and conservative loan value ratios.The standardization of this risk management practice has just attracted the institutional capital that was reserved before.
Supervision has become clearer.It should be opened for more banks to participate in Bitcoin financial products -this will benefit consumers to the greatest, new capital and competition will lower interest rates and make Bitcoin support loans more attractive.
4. Bitcoin and cryptocurrency mergers and acquisitions intensify.
As the supervision of the resolutions involving cryptocurrency custody and other guidance is clear, banks will face a key choice: establishing or purchasing methods to enter the growing Bitcoin and loan markets.therefore,We predict that at least one of the top 20 banks in the United States will acquire the encryption business next year.
The bank hopes to act quickly, and the development timetable of cryptocurrency infrastructure exceeds the competitive window, and the old company has handled billions of transactions per month through the test system.
These operating platforms represent many years of professional development, and banks cannot quickly copy.The purchase premium is reduced for the opportunity cost of delaying entering the market.
The combination of operating maturity, supervision clarity and strategic necessity creates natural conditions for the banking industry to obtain cryptocurrency capabilities.
5. Public market verification Bitcoin infrastructure.
The cryptocurrency industry is expected to usher in a breakthrough in the open market.We expect the United States to have at least one high -profile cryptocurrency for the first time, and its valuation will exceed $ 10 billionEssenceThe main digital asset companies have established a complex institutional service layer. Its income flow is now the same as the revenue flow of traditional banks. It has dealt with billions of dollars in daily transactions.Stable cost income generates in the event.
Therefore, the next chapter of the finance will not be written by those who resist this change, but by those who recognize their survival depends on those who embrace the change.
