[Analysis] Rehypothecation: BTC’s path to becoming king of collateral - Patrick Dugan

Bitcoin ($BTC) can become the standard for collateral if it plays its cards right, according to Patrick Dugan. Austrian economic views of money lending, which frown upon rehypothecation, do not represent the entire financial sector, or even Bitcoin itself. Strong correlations exists between money creation and prosperity. The Lighting Network could be bootstrapped to lend rehypothecated money, opening the doors to Bitcoin-collateralized U.S.D. assets. Bitcoin's nature makes it better than gold as a form of collateral, particularly because of its borderless nature. If Bitcoin is to dominate finance then applications for rehypothecating Bitcoin need to be developed.