Bitcoin vouchers have exceeded $ 100 billion, which has made concerns among analysts that the United States could one day nationalize these assets in a move reminiscent of the Gold Standard era.
The vouchers of the Crypto Treasuries have exceeded $ 100 billion in digital asset titles, Bitcoin cash companies (BTC) amassing 791,662 BTC worth around $ 93 billion, representing 3.98% of the circulating offer, Cointelegraph reported on July 31.
Business growth assets can present a new centralized point of vulnerability for Bitcoin, which can see the first global cryptocurrency follow the same “path of nationalization” as gold in 1971, according to crypto analyst Willy Woo.
“If the US dollar is structurally low and China arrives, it is a fair point that the United States could make an offer to all the treasure companies and centralize where it could then be put in digital form, and not create a new gold stallion,” said Woo during a round table at Baltic Honeybadger 2025, adding: adding: Adding: Adding: adding: adding: adding: adding: adding: adding: adding: adding: adding: adding: adding
“You could then type it as occurred in 1971. And everything was centralized around digital bitcoin. The whole story repeats itself at the beginning. “
In 1971, President Richard Nixon put an end to the Bretton Woods system, suspending the convertibility of the dollar into gold and abandoning the fixed rate of $ 35 per ounce, ending the gold stallion.
In relation: BTCFI VC funding reaches $ 175 million while investors focus on consumer applications
Woo noted that institutional adoption is always a critical step for Bitcoin to replace the US dollar, go beyond gold and become a new monetary standard. “This will not happen until you have obtained the great goalkeepers of the capital who opened in Bitcoin and you pay money,” he said.
The analyst’s comments come in the middle of an acceleration period of institutional adoption, two weeks after 35 companies listed on the stock market exceeded 1,000 BTC or around $ 116 billion in balance sheets each, CointeleGeph reported on July 25.
Nationalization efforts can also target Bitcoin whales, according to Preston Pysh, co-founder of The Investors Podcast Network and Bitcoin Venture Fund Ego Death Capital.
“They will take the bitcoin because he will have an institutional guardian who does not want to go to prison,” he said, adding that the first targets can be “private entities that have a lot of bitcoin.”
In relation: Tokenized shares increase by 220% in July, recalling the “early challenge” boom “
A massive advantage despite the risks
Despite nationalization problems, the growing adoption of companies can present a potential market opportunity of $ 100 billion.
Bitcoin is already an asset of 2 dollars billions at only 16, said Woo, adding that “we have 100x to grow, and this will probably take decades to get there.”
Woo’s screening aligned with the previous forecasts of Adam Back, co-founder and CEO of Blockstream, which described Bitcoin as a market opportunity of 200 billions of long-term dollars.
“Hyperbocinization of 100 billions of sustainable and scalable dollars of 100 billions of dollars.
Hyperbitcoinization refers to the theoretical future where bitcoin becomes the largest world currency, replacing fiduciary money because of its inflationary economy.
https://www.youtube.com/watch?v=ry9mi57pbjs
Review: Bitcoin Og Willy Woo sold most of his Bitcoin – This is why
