If interest rates ever drift toward 1%, the real shift won’t be headlines — it’ll be incentives.
When safe assets barely pay:
Bonds stop rewarding patience
Cash stops protecting purchasing power
Duration risk stops making sense
At that point, capital doesn’t disappear — it moves.
Large institutions don’t chase narratives.
They chase spread.
So when yield is scarce, anything offering meaningful income suddenly becomes visible.
A 10% instrument doesn’t look aggressive — it looks logical.
And when income products are backed by companies whose balance sheets are increasingly tied to scarce assets, capital starts to loop: More demand → stronger balance sheet → more access to capital → more accumulation.
This isn’t about hype. It’s about relative value.
Low rates don’t push money into Bitcoin directly. They quietly remove every alternative.
That’s how paradigm shifts happen: Not overnight. Not loudly. But mathematically.
Capital always chooses the path of least resistance — and highest real return.