In just a few months, you’ll be able to deposit Bitcoin into your bank and take out a fiat loan against it. When that happens, a $1M Bitcoin won’t be far off.
Why would that cause a Bitcoin price increase?
Trying to understand the rationale.
Thanks.
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If Bitcoin becomes a widely accepted collateral asset, it could drive demand and increase its value, as more institutions integrate it into traditional finance, reducing sell pressure and reinforcing its role even further as a store of value.
Got it. Makes sense. Thank you.
