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Fernando Nikolic highlights a notable shift in bitcoin’s role within the financial landscape. He points out that video game retailers are now writing options on bitcoin, which he describes as both strange and interesting.
According to Nikolic, this development marks a transition: for many, bitcoin is no longer just a buy-and-hold investment, but has become a foundation for creating new financial products.
Nikolic has previously questioned critics who describe bitcoin as a Ponzi, noting that many of these critics still trust systems that have failed more recently than Bitcoin. He also reported when Block CEO challenged Coinbase over its stance on bitcoin tax lobbying. These earlier comments provide context for his views on bitcoin’s shifting utility.