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This isn't true. There are Bitcoin collateralized loans already, and there are Bitcoin backed ETFs. Companies have issued bonds underwritten with valuations tha
by mgraczyk 5y ago
This isn't true. There are Bitcoin collateralized loans already, and there are Bitcoin backed ETFs. Companies have issued bonds underwritten with valuations that include BTC in the company treasure.
Bitcoin is small compared to the rest of the economy, and it's less integrated than many other asset classes, but it is very much coupled to other financial markets.