Recently, I came across an interesting analysis—a former Bank of England analyst wrote a letter to the governor discussing a hypothetical scenario: if a large-scale information disclosure severely shakes public trust, it could trigger a chain reaction.

In the letter, he mentioned that such a crisis might lead to bank runs and social unrest. But he pointed out an intriguing phenomenon—many people would turn to seek more stable and reliable stores of value.

This raises a core question: why is Bitcoin viewed favorably in such extreme scenarios?

The logic is quite straightforward. When confidence in the traditional financial system wavers, decentralized assets become an alternative choice. Bitcoin does not rely on any central authority, has a fixed supply, and transparent operating rules—these features become especially attractive during a trust crisis.

Historically, whenever major uncertainties arise in finance or politics, people look for stores of value not controlled by a single entity. Whether gold or crypto assets, it’s fundamentally the same logic.

Of course, this is just a hypothetical analysis; real situations are more complex. But it reminds us of a reality: the purpose of decentralized assets is to provide an alternative outside the traditional financial system.