The legacy financial infrastructure is not compatible with Bitcoin.
As a result, legacy financial products will increasingly integrate and be exposed to bitcoin, not to reinvent the system, but to gradually harden existing structures (see $STRK & $STRF).
Over time, this process will lead to Bitcoin establishing itself as the monetary singularity, setting a new global monetary standard.
In my next newsletter, I’ll explore this in detail. Out next week!
https://leonwankum.substack.com/