H100 Group Co-Founder Says Bitcoin Needs Institutional Adoption to Reach Full Potential

H100 Group Executive Chairman and Co-Founder Mr. Andersen said Bitcoin needs institutional adoption to reach its full potential. According to Foresight News, he added that renewed industry disputes, a shrinking time window, CEO departures at major projects, and company shutdowns do not change Bitcoin's nature. Andersen described Bitcoin as a digital currency commodity with multiple uses, saying cold storage supports freedom and property rights. He said Bitcoin, as digital gold, could challenge the U.S. dollar as the world’s reserve currency, and as collateral, it could help build a better credit market. He also said holding Bitcoin in a permanent capital structure could create a new type of public finance company that issues credit, borrows against collateral, and uses capital markets to increase Bitcoin per share while turning volatility into a product. He said oil has more than one use and Bitcoin should not be limited to a single use case.