LatestWhy Bitcoin?PolicyInfrastructureResearchSearch
PRECONDITION LADDER

What conditions are still missing?

Instead of forecasting prices, we track which documented conditions are satisfied and which remain before an institutional outcome becomes possible.

institutional_access

Retail distribution of spot Bitcoin ETFs

  1. □
    Asset classification permits an exchange-traded productUNCONFIRMED
  2. □
    Regulated custody is permittedUNCONFIRMED
  3. □
    Listing rules are approvedUNCONFIRMED
  4. □
    Broker or bank distribution is permittedUNCONFIRMED
  5. □
    Tax treatment is operationally clearUNCONFIRMED
stablecoin

Regulated stablecoin issuance and distribution

  1. □
    Issuer licensing category existsUNCONFIRMED
  2. □
    Reserve and redemption rules are finalUNCONFIRMED
  3. □
    Banking and settlement access is availableUNCONFIRMED
  4. □
    Distribution and consumer rules are finalUNCONFIRMED
tokenization

Mainstream access to tokenized funds

  1. □
    The legal fund wrapper recognizes the tokenized recordUNCONFIRMED
  2. □
    Transfer-agent and shareholder records are operationalUNCONFIRMED
  3. □
    Regulated cash or stablecoin settlement is availableUNCONFIRMED
  4. □
    Qualified distribution channels are liveUNCONFIRMED