Bitcoin’s next chapter: From passive asset to financial powerhouse

On the latest episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson dig into what it means for Bitcoin to evolve from a static store of value to a dynamic financial instrument. 

Unlocking new use cases

The conversation centers on how innovations like wrapped Bitcoin and trustless bridges may unlock new uses for the world’s most well-known cryptocurrency.

“There is a fantasy that people have that they will put gold under their mattress and that it will somehow multiply. And obviously for gold under the mattress in the literal sense, this is out of the question,” said Volokh. “For Bitcoin, it’s not as clear that it’s out of the question.”

The technical barrier, he explains, is that Bitcoin’s base protocol was intentionally designed with limited functionality. 

“People want to do stuff with it, but they can’t do that much yet,” said Jenkinson. However, Volokh points to a near future where that might be changing.