Bitcoin’s Role Evolving: From Siege Weapon to Tokenized Real Assets

A viral long-form essay on X is sparking debate within the crypto industry, challenging Bitcoin’s position as a digital asset frontrunner. The essay argues that Bitcoin’s role as the ‘final form of money’ has become obsolete, replaced by more user-friendly and regulation-compliant alternatives like tokenized real assets. The author highlights Bitcoin’s historical purpose – forcing governments to accept digital bearer assets – noting its success in achieving this but now rendering it less relevant.