Unlocking the potential of dormant Bitcoin in DeFi

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Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO

Bitcoin is the principal asset of the cryptocurrency world and even one of the world’s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year. 

This idle Bitcoin has an enormous amount of untapped financial potential.

Bitcoin’s principal narratives are “store of value” and “never sell.” Today’s…



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Unlocking the potential of dormant Bitcoin in DeFi



Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO

Bitcoin is the principal asset of the cryptocurrency world and even one of the world’s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year. 

This idle Bitcoin has an enormous amount of untapped financial potential.

Bitcoin’s principal narratives are “store of value” and “never sell.” Today’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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