Crypto

BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy

Bitcoin Magazine BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy BitGo CEO Mike Belshe breaks down why tokenization is about expanding access, fixing a settlement system built during Wall Street’s 1960s paper crisis. This post BitGo CEO Mike Belshe: Why Dollar Debasement Fue

Source: Bitcoin Magazine

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DW NOTE

Belshe's argument rests on a 1960s settlement layer that forces retail to liquidate rather than collateralise. But the asset-backed borrowing he describes is already abundant — it's just priced for risk. Retail can't borrow against equities at institutional rates for the same reason they can't issue commercial paper: they default more often.

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