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kodedtecht
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The tokenization of real-world assets (RWA) is inevitable but there’s three things in the way: liquidity, regulation & counterparty risk. Solve this in partnership with BlackRock and you will become Blockbuster; solve it with Bitcoin to become the Netflix instead. It’s 1995 all over again. A new wave of entrepreneurs are embracing Bitcoin, led by Jack Dorsey and zero-fee point-of-sale BTC from Square. This paves the way for us to build Internet Capital Markets the way they were intended — open, global, and without middlemen. A market-driven “Equity Rate” will replace central bank price-fixing of capital via interest rates. We will all utilize Bitcoin instead of buying fiat, facing margin calls, or paying interest. Sharing in Bitcoin business risk and asymmetric reward will be the norm. This is one-click, low-cost, global, 24/7 liquid Private Equity: real value creation with Bitcoin as counterparty. Bezos’ first proved online marketplaces with books: a low cost, high repeat business. Short term Inventory Finance will do the same for business on Bitcoin.

When did you become a Bitcoiner?

I first bought Bitcoin in 2014. Over the years, I bought in and sold out. Only started properly accumulating since last year.

Why last year?

I finally learned to distinguish what makes Bitcoin unique compared to all the other “better technologies” out there. I always believed currency innovation was our only non-violent path out of the fiat system… but I wasn’t sure it had to be only Bitcoin. For years, I ran my car finance business with the intention of bringing crypto’s advantages to everyday people. But after 5 years, I realized I was doing the same TradFi thing as everyone else — no real impact.

The trigger:

The only places real-world asset use cases have truly made an impact today are with large institutional plays, stablecoins, and Bitcoin-backed lending. I've realized that money is a technology of consensus — and that no one has done it better than Bitcoin (and maybe the US government).

Since then, I’ve gained a deeper appreciation for proof-of-work, for why Bitcoiners avoid “shitcoins,” and for what’s technologically possible.

It’s my own “number go up” story. Love to hear yours.