In an era characterized by rising inflation, Bitcoin was positioned as a radical experiment in digital cash. However, as the global economic landscape has changed, so has the narrative surrounding BTC. It is now being discussed as a modern savings tool designed for a world where traditional savings are steadily losing purchasing power.
Normalization of Bitcoin as a savings asset
The general framework for Bitcoin today is that it is a savings technology, digital gold, something to hold rather than spend. According to Ben San post In X, that framing becomes incomplete and ultimately wrong. This is because BTC does not stand alongside fiat currency as an alternative means of savings, but instead is an alternative to fiat currency that cannot be used or function as a monetary or financial base. money.
However, for BTC to function as a form of finance, it must be able to be used at scale. Ease of use at scale means abstracted execution, payments, fast interactions, and cost-effective transactions. BTC Layer 1 is designed for finality and neutrality and is not and should not be designed to meet these requirements.
This is why we need BTC layer 2 To function as money. “Once we accept that Bitcoin requires L2 to be used as money, we stop asking whether alternatives compete with Bitcoin and start asking whether they serve Bitcoin,” the expert said. Even if altcoin acceptance becomes possible in the BTC-first community, it will not come from alternative currencies. assets. Instead, altcoin acceptance will only come from systems that maintain BTC as a unit. account and native assets while significantly extending usability without weakening guarantees.
In such cases, auxiliary tokens may be introduced, but only if BTC is structurally incapable of performing the necessary regulatory and incentivizing functions in terms of expressiveness and yield. Additionally, assets other than BTC may legitimately be accepted within that scope. community It gains its legitimacy by filling those gaps in a way that BTC itself cannot fill.
History shows what happens after these Bitcoins are purchased
Crypto Analyst Mattertrades highlighted Bitcoin is trading above weekly resistance and its path is slow but clear. This setup comes as a result of Michael Saylor stepping in this week with his biggest purchase since July, acquiring $1.5 billion worth of BTC. The last time he did this, BTC soared to $126,000.
At the same time, Strategy magazine’s news related to Morgan Stanley Capital International (MSCI) was huge. bullishand actually attracted more buyers. Mattertrades concluded that this is how a bull case quietly forms. If Saylor’s purchases attract more buyers, reflexivity will set in because once he starts accumulating such large sums of money again, other players will follow suit.
