BTC: Perfect Asset for 1000 Years, Treasury & Custody Risks
For Baltic Honeybadger conference wey happen for Riga, analyst Willy Woo talk say Bitcoin na di “perfect asset” for di next 1,000 years, cause e get fixed supply and e network no need to trust person. E talk say Bitcoin market cap of $2.42 trillion still below 11% of gold valuation and e still less than US dollar money supply. Woo warn say bad debt structures inside corporate Bitcoin treasuries fit cause treasury risk wey fit make bubble collapse, plus altcoin treasuries fit do di same mistake. E talk about custody risk as more people dey rely on spot Bitcoin ETFs and custodial services like Coinbase Custody, wey fit make government or bad guys stop di coins or run away with am. Debifi CEO Max Kei predict say trend go be self-custody wey go spread from big companies go business and small investors. Blockstream CEO Adam Back talk say companies wey no fit beat Bitcoin returns suppose just invest for Bitcoin, make corporate adoption make sense. Traders suppose watch dis treasury and custody risks as BTC dey gain momentum.
Bullish
Di konferens tok say Bitcoin na “perfect asset” an di push for companies dem to adopt am, e add strong long-term beta to BTC. Even tho warnings about treasury an custody risks fit mek small short-term caution, dem also shine light on places traders fit reduce exposure an grab arbitrage chances, make confidence for Bitcoin resilience an growth potential stronger. Di talk about ETF inflows, self-custody trends, an fixed supply dey support beta price view for both near an far future.