Bitcoin consolidates itself as the Valyrian steel of finance

Source: CritpoTendencia Original Title: Bitcoin consolidates itself as the Valyrian steel of finance Original Link: On January 18th, the premiere of the new Game of Thrones universe series, The Knight of the Seven Kingdoms, paralyzed much of the world. Almost everyone, except Bitcoin. The largest cryptocurrency and its blockchain network continue to operate nonstop, reaffirming its status as a financial phenomenon capable of functioning 24/7.

Attributes such as scarcity, resistance, and predictability also contribute to this. In this sense, it can be said that Bitcoin is consolidating itself as the Valyrian steel of finance.

Now that Westeros is once again at the center of cultural conversation, it’s worth drawing some parallels between the pioneering crypto and the universe of A Song of Ice and Fire.

How is Bitcoin similar to Valyrian steel?

Unlike gold coins minted by the Master of the Mint, whose alloy can be altered by kings to issue more units and finance wars or pay debts with the Iron Bank, Valyrian steel is scarce, resistant, and virtually impossible to replicate. Something very similar happens with Bitcoin, a currency that does not swear loyalty to any crown nor responds to political interests.

In a world dominated by central banks that expand the monetary base and transfer the inflationary cost of that issuance to households and taxpayers, Bitcoin emerges as an alternative. It is an asset comparable to gold due to its scarcity dynamics, but more accessible and democratic, as it is within reach of anyone with a device and an internet connection.

Bitcoin as the great borderless alternative

The underlying technology of Bitcoin, blockchain, has the capacity to remain operational even in scenarios of severe global instability. This makes it one of the most robust and resilient financial systems in the world. Unlike traditional reserve assets like gold or silver, BTC is accessible to anyone thanks to its divisibility into minimal units.

This means that even with $10 , it is possible to acquire multiple fractions of BTC, known as satoshis. In fact, the price of 1 SAT hovers around $0.0009257, clearly illustrating how easy it is to gain exposure to Bitcoin without large capital investments.

As large companies and institutions continue to absorb the limited supply of Bitcoin, capped at 21 million units, the value of satoshis tends to appreciate. In this context, a consistent and long-term strategy based on accumulating fractions of BTC could present a significant opportunity in the future.

The key, as mentioned before, is that Bitcoin is scarce, just like Valyrian steel. But it also has a secure, decentralized, and censorship-resistant network.

This means that a person who keeps their BTC in a self-custody wallet can preserve their wealth without relying on intermediaries. No government, bank, or other entity can freeze or seize those funds without access to the private keys.

At this point, decentralization becomes fundamental, since Bitcoin is not issued by any central bank nor controlled by a single authority.

Winter is coming for fiat money

In a financial system where ordinary citizens occupy the last link in the liquidity distribution chain, fiat money ends up eroding the purchasing power of those with the least margin of maneuver. Money creation by central banks is distributed hierarchically.

The actors closest to the money printer —governments, large corporations, and banks— receive liquidity first and deploy it before inflation manifests. Then, the money flows to medium-sized companies and secondary actors. Finally, it reaches households and taxpayers, when the widespread increase in prices is already established and wages lose purchasing power.

Bitcoin was born precisely as a response to this dynamic. While central banks continue to issue inorganic money, individuals have the option to store value in BTC. If this trend deepens, the inflation tax loses effectiveness, as fewer and fewer individuals will be willing to absorb it. In that scenario, fiat money could face its own winter.

Bitcoin will not grant you a noble title, but it guarantees that, no matter what happens, your treasure will remain yours.