People don't realize that #Bitcoin can conquer a $100+ trillion market simply because of multisig and the unbreakable reliability of its settlement.
There is no collateral that can even come close to any of the 5 most important traits you want in a perfect collateral. Bitcoin destroys all of it.
- quick to exchange
- easy to verify
- easy & quick to liquidate at any time on any day
- cant be damaged, perfectly portable
- completely unmatched in mitigating trust and custody concerns
Literally nothing is even in the same ballpark.