Foundations: Why Bitcoin Is Being Reframed as CapitalChip MahoneyMar 16, 2026∙ PaidShareBitcoin is often described in simple terms.Digital gold.Token Trust is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.SubscribeA hedge against inflation.A speculative asset that moves in cycles.But something subtle has been changing in how markets talk about Bitcoin.It is increasingly being f…Continue reading this post for free, courtesy of Chip Mahoney.Claim my free postOr purchase a paid subscription.PreviousNext