Bitcoin is infrastructure, not digital gold
Bitcoin’s true potential lies in its infrastructure role as productive capital, not just a digital store of value like gold.
Opinion by: Thomas Chen, CEO of Function
Bitcoin exchange-traded funds (ETFs) have solved the access issue but remain passive. What is needed now are credible, auditable, institutional-grade pathways to convert Bitcoin exposure into scalable yield.
Bitcoin is evolving from a digital store of value into a form of productive capital. Continuing to treat Bitcoin (BTC) like digital gold — storing it for appreciation over the long term — misses its true opportunity as a reserve asset for the digital age.