"The best, simplest, ultimate form of collateral is something that can instantly be claimed and sold at any time when the debtor fails to make their payments. A house can take months, even years to sell. Stocks too have time restrictions, but Bitcoin doesn't."~ The Ultimate Collateral
Today we take a chapter out of a book to dive into one big idea: Bitcoin as the best collateral humanity’s ever had. Most people think houses, stocks, gold and cash, but because there's never been anything better, most fail to see their enormous flaws. However, combining the elements of multisig's genuine shared ownership, perfect digital scarcity, portability, and Bitcoin’s unmatched uptime make it fundamentally different from old-world collateral games. If an asset can be verified by anyone, transferred instantly, and tends to appreciate over time, are we still thinking too small about what Bitcoin is actually for?
For a deeper dive into this idea check out Bitcoin is The Ultimate Collateral, made available by the Braiins team at:Check out the book Bitcoin: The Ultimate Collateral written by Martin Connor (Link: https://braiins.com/books/bitcoin-the-ultimate-collateral)
Links & Resources:
Bitcoin Mining Handbook by Braiins (Link: https://braiins.com/books/bitcoin-mining-handbook)
Brian Kubellis Articles on OnRamp Bitcoin (Link: https://onrampbitcoin.com/research?q=brian+cubellis)
A Hat Full of Sky by Terry Pratchett (Link: https://www.amazon.com/A-Hat-Full-of-Sky-Terry-Pratchett-audiobook/dp/B0007OB50S)
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