From Yahoo Finance: 2025-04-07 15:55:00

Pierre Rochard, a bitcoin advocate, discovered Bitcoin in 2012, co-founded the Satoshi Nakamoto Institute, and worked at BitPay, Kraken, and Riot Platforms (RIOT), leading responses to environmental criticisms. Now, with The Bitcoin Bond Company, he aims to unlock bitcoin for fixed-income investors and acquire $1 trillion in bitcoin over 21 years.

Rochard’s strategy involves building “bankruptcy-remote, bitcoin-only structures” to attract traditional credit allocators to Bitcoin. He believes Bitcoin’s growth is tied to interest rates, making it a global macro asset. Despite hurdles in education, he sees Bitcoin-backed credit products as inevitable and aims to accelerate institutional adoption at Consensus 2025.

Rochard acknowledges the challenges in Bitcoin adoption, particularly in educating investors on this new asset class. He dismisses concerns about low transaction fees, noting that the system is designed to be anti-fragile, with fees spiking in case of an attack or censorship.

Read more: Pierre Rochard, the Bitcoin Maximalist OG, on Mining, Markets and Modern Finance