Strategy founder Michael Saylor presented the concept of a “digital asset stack.” In his opinion, Bitcoin will transform from a simple asset into the foundation of a global financial architecture. Saylor identified five layers that will make up the modern digital system: Digital capital (Bitcoin). The base scarce asset, an analogue of gold or elite real estate. Digital credit. Fixed-income instruments collateralized by Bitcoin. They reduce volatility for investors. Digital money. Stablecoins and funds pegged to the dollar but generating income through the credit layer. Digital yield. Complex leveraged products for those ready for high risks. Digital capital (equities). Securities of companies like Strategy that absorb the volatility and earn superprofits. Why this is needed Saylor emphasized that Bitcoin should not change at the protocol level. It does not need smart contracts or staking within the network. All innovations should be built “on top” of it. According to the businessman's vision, such a structure will attract different groups of investors. Pensioners need stable “digital money,” banks need collateral, and corporations need reserves. The stack allows everyone to use Bitcoin without forcing each user to put up with sharp price swings. The author of the concept believes that a peg to the dollar is necessary. Most of the world's obligations (salaries, taxes, loans) are still fixed in fiat currencies. “Digital money” based on Bitcoin will become a bridge between the old world and the crypto industry. The implementation of this model will increase demand for the first cryptocurrency. Bitcoin will become not just a means of payment, but a foundation for bank deposits, securities and a new generation of payment networks, Saylor concluded. Recall that from June 8 to 14, Strategy acquired 1,587 BTC for $100 million at an average price of $63,024 per coin.

Source: ForkLog