Why is Bitcoin Becoming a Necessity?

In the context of soaring public debt, prolonged budget deficits, and inflationary pressures becoming structural issues, Lawrence Lepard has made a thought-provoking observation: Bitcoin is not just a choice, but an inevitability. But not for the reasons the crypto community often advocates—rather, because of deeper systemic risks.

Interestingly, he explains the “why” behind Bitcoin’s inevitability not by discussing blockchain technology or upside potential, but by directly addressing the nature of the problem: governments overspend, print money, borrow, and ultimately pass those consequences onto the future. This story isn’t new, but this time it carries more weight.

The Current Monetary System and Structural Risks

Lepard clearly states that the problem isn’t technology but the fundamental structure of the current financial system. When public debt balloons, deficits become routine, and inflation is no longer a cyclical issue but a structural one, traditional policy tools can no longer solve the problem.

Financial industry insiders are gradually admitting a hard truth: there are elements within the current system that can no longer be fixed through short-term policy interventions. That’s why the approach to Bitcoin has shifted from “ownership for profit potential” to “ownership for long-term protection.”

From Technology Ownership to Economic Defense

Lepard’s statement “Buy Bitcoin and just live your life” sounds simple, but it carries profound meaning: Bitcoin is viewed as a long-term hedge against systemic risk, not a trading bet or a speculative asset.

Capital flows change behavior. Previously, people bought Bitcoin for its innovative technology, the “bank replacement” story, or its potential for rapid price increases. Now, more people approach Bitcoin with a different mindset: “I don’t believe the current monetary system can self-correct anymore.” The number of people with this view is increasing, reflecting a major shift in how systemic risk is perceived.

Why “Because” Is Not a Short-Term Decision for Bitcoin

Lepard doesn’t need to convince everyone today. Bitcoin only needs to exist long enough so that when faith in fiat currency diminishes, people will turn to it naturally. It doesn’t need to surge in value to prove its worth—just operate stably, securely, and persist.

Looking at the current trend, Bitcoin’s price hits $68.86K with a +3.98% increase in 24 hours, but this isn’t a typical euphoric market phase. It’s a period of building awareness. The number of traditional investors accepting Bitcoin isn’t driven by FOMO but by fundamental concerns about the sustainability of the monetary system—that’s the true “because” behind it.

In conclusion, Lepard’s statement isn’t investment advice in the conventional sense. It’s more of a reminder: if you believe the current system is becoming harder to control, holding Bitcoin isn’t a short-term smart decision but a philosophical one. You don’t need to fully understand everything right now, but in a few years, many will wish they had started thinking about this issue earlier.