@claytfson
Bitcoin’s narrative as “digital gold” highlights scarcity and store-of-value properties, but this framing may understate its broader systemic role. As global capital flows increasingly integrate with digital assets, Bitcoin functions less as a static hedge and more as a liquidity anchor. It reflects risk sentiment, market cycles, and acts as collateral across ecosystems. Reframing valuation toward liquidity anchoring emphasizes its position as the settlement base layer of crypto finance. This perspective suggests utility lies not only in passive holding but also in active participation in capital formation.