BitGo CEO: Dollar Debasement Built the K-Shaped Economy

Why Dollar Debasement Fuels The K-Shaped Economy

Mike Belshe says tokenization isn’t really about trading — it’s about access. The BitGo CEO walks through how the current system dates back to the 1960s paper crisis, when the New York Stock Exchange had to shut down weekly just to settle physical share certificates, and why the structure built to fix it still caters to the largest players. He explains why retail’s inability to borrow against assets, rather than sell them, is what drives the K-s…

BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy

Bitcoin Magazine BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy Mike Belshe says tokenization isn’t really about trading - it’s about access. The BitGo CEO walks through how the current system dates back to the 1960s paper crisis, when the New York Stock Exchange had to...

BitGo CEO: Dollar Debasement Built the K-Shaped Economy

BitGo CEO Mike Belshe argues the K-shaped economy is arithmetic, not accident: a 1968-era settlement system that limits asset-backed borrowing to the wealthy, supercharged by dollar debasement that punishes everyone else holding cash.