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The Strange Contradiction I Keep Seeing Among Bitcoin OGs.
There is something I've noticed over time, and the more I think about it, the harder it becomes to ignore.
Some of the loudest Bitcoin OGs will tell you Bitcoin is the greatest asset ever created. They'll tell you fiat is broken. They'll tell you self-custody matters. They'll tell you banks and middlemen are the problem.
They'll tell you Bitcoin is freedom.
And honestly, I agree with a lot of that. But then something strange happens. The same people get excited about products like STRC, STRF, STRD, SATA and other financial instruments built around Bitcoin, yet completely ignore or dismiss something like @Coredao_Org without taking the time to understand what it is trying to achieve/achieved.
That is the part I find fascinating.
Not because @saylor's products are bad. Far from it. They have an important role to play. They are helping bring traditional capital into Bitcoin, and that's a win for Bitcoin.
But let's be honest about what they are.
They are products built around Bitcoin. Core is trying to build infrastructure for Bitcoin itself.
Those are very different things.
One gives investors exposure to Bitcoin through financial structures.
The other is asking a much deeper question:
Can Bitcoin remain Bitcoin while becoming productive?
To me, that is one of the most important questions in Bitcoin today.
Because if Bitcoin truly becomes what Michael Saylor calls Digital Capital or "thousand-year capital with a half-life of infinity," then eventually the conversation has to move beyond simply owning Bitcoin.
What happens after Bitcoin wins?
What happens when institutions own it?
What happens when governments own it?
What happens when trillions of dollars sit inside it?
Do we simply celebrate that Bitcoin became the greatest form of capital humanity has ever created?
Or do we begin building an economy around that capital?
History suggests we will.
Every major form of capital eventually becomes productive.
Land did.
Gold did.
Real estate did.
Stocks did.
Everything that becomes valuable eventually develops an economy around itself.
So why should Bitcoin be any different?
This is where Core becomes interesting. Core's vision isn't about replacing Bitcoin. It's about preserving the things Bitcoiners claim to care about most:
Self-custody.
Ownership.
Security.
Decentralization.
While exploring whether Bitcoin can become productive without sacrificing those principles.
And this is where I think many Bitcoin OGs should pause and reflect.
The same people who tell everyone to "do your own research" often seem unwilling to research Core before dismissing it.
The irony is hard to miss.
You don't have to support Core.
You don't have to buy CORE.
You don't even have to believe it will succeed.
But if your goal is for Bitcoin to win, shouldn't you at least be curious about a system trying to answer what comes after Bitcoin wins?
What makes this even more interesting is something I rarely see discussed.
Michael Saylors @Strategy sold a certain amount of bitcoins amd there was an outrage that a man who famously tells individuals
"Never sell your Bitcoin", sold from his company.
The reality is, companies live in the real world.
Companies have expenses.
Companies have obligations.
Companies need liquidity.
Which leads to a fascinating question.
But If Bitcoin is truly the best capital humanity has ever created, why should anyone or companies be forced to sell it just to access liquidity?
That is exactly the kind of question Core is exploring.
Imagine institutional Bitcoin time locked non-custodially.
Imagine that Bitcoin remaining under the owner's control.
Imagine it earning yield without being handed over to a third party.
Imagine using that same Bitcoin as collateral to access liquidity when needed.
Understanding Core Chain
Core Chain is a scaling and programmability solution for Bitcoin with
- Satoshi Plus consensus
- EVM execution environment
- @Coredao_Org governance
- coreBTC
Read the report for free 👇
https://t.co/f0M50GWPt4
The Bitcoin DeFi landscape is rapidly evolving and it can be quite overwhelming when doing research
So, here's a look at some of the unique properties that @Coredao_Org has to offer in comparison to some other products out there
Let us know what you think of the article below!