Can Lombard drive the next decade of BTC? Since its inception, Bitcoin has been referred to as digital gold. Its value logic is clear, based on scarcity and store of value attributes. However, the problem is equally apparent: the vast majority of BTC is just sitting idle. Currently, there are over 19 million Bitcoins in circulation, most of which are held in cold wallets or exchange addresses, unable to participate in on-chain capital markets. This means that over a trillion dollars in assets are essentially dormant capital. ▰▰▰▰▰▰ What would happen if BTC were activated? Assuming only 1% of BTC (about 200,000 coins, worth approximately $12 billion) is converted into usable collateral; with an annual yield of 1.5%, this would generate $180 million in annual income. If the percentage increases to 5% (about 1 million coins), the corresponding annual income would approach $900 million! This represents a whole new cash flow market, and once cash flow is established, the...
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