Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held

Summary

Bitcoin (BTC) is increasingly recognized as more than just "digital gold," with potential for broader functionality as institutional interest rises. Dan Held argues that Bitcoin's narrative may evolve due to political shifts, notably with US President Donald Trump supporting Bitcoin, leading to a more favorable regulatory environment. Approximately 25% of Americans now own Bitcoin despite past challenges, including mining crackdowns and regulatory scrutiny. The discussion highlights the potential for decentralized finance (DeFi) tools to be built on Bitcoin, enabling functionalities like borrowing, lending, and staking. This could enhance Bitcoin's utility beyond mere speculation. There is tension between traditional Bitcoin supporters and those advocating for these innovations, but current developments aim to build on Bitcoin without altering its fundamental rules.

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