Could Bitcoin eventually reduce the cost of mortgages, insurance and sovereign debt? (Nice read)

Tony DiCarlo calls it the “money glitch”:

Issue liabilities in a depreciating asset, hold an appreciating one, and let the spread do the work.

Strategy is the clearest example. It raises capital through fixed dollar-denominated obligations and uses the proceeds to buy Bitcoin.

Over time, the liability may become easier to service in real terms, while the Bitcoin backing it may grow in value.

What makes the idea interesting is that it may not stop with Digital Asset Treasuries.

The same principle could potentially extend to mortgages, insurance float, corporate debt and even sovereign reserves.

It is not risk-free. The model still depends on Bitcoin performing over the medium to long term.

But it raises a bigger question:

Could Bitcoin adoption happen not just through more people buying it, but by being built into the financial products they already use?