In a recent interview with CNBC, Swan Bitcoin’s CEO Corey Clipston and CIO Ben Workman discussed the evolving role of Bitcoin in the financial world — particularly its maturation from a speculative investment to a viable long-term hedge.
Speaking with CNBC, Corey Clipston emphasized that Bitcoin is undergoing a natural transformation as it matures. Once seen as a volatile asset with wild price swings, Bitcoin is slowly taking on the characteristics of a macro hedge — much like gold or other stores of value.
“It’s inevitable,” Clipston explained. “If you believe Bitcoin will be worth significantly more in the future, it won’t be a smooth ride getting there. But as the market cap grows, the volatility starts to smooth out.” While BTC may still be in for a bumpy ride over the coming decades, its trajectory is steadily moving toward broader stability.
Corporate Adoption: The Next Big Driver?
Ben Workman, Swan’s Chief Investment Officer, pointed to corporate adoption as a major catalyst for Bitcoin’s next phase of growth. Despite some high-profile companies like Tesla and MicroStrategy embracing Bitcoin, most corporations have yet to follow suit.
“You could probably still count the number of companies holding Bitcoin on two hands,” Workman noted. “That just shows how early we are in this cycle.” According to him, shareholders are beginning to demand more strategic use of corporate balance sheets, which could pave the way for increased institutional investment in Bitcoin.
“This is the best risk-adjusted environment we’ve ever had for corporations to enter the space,” Workman added.
Couldn’t This Just Be Gold?
The conversation also touched on the broader implications of corporate Bitcoin adoption. Couldn’t companies just be buying gold or other traditional hedges instead?
Clipston acknowledged the comparison but pointed out the fundamental shift Bitcoin introduces. “Yes, you could argue companies could have done this with gold for years. But Bitcoin changes the game — it’s digital, portable, and has a finite supply. It’s not just about making a bet. It’s about adapting to a new financial reality.”
Still, this raises the question of whether companies should be in the business of holding such assets at all. As the host asked, “Why not just become a business development company (BDC) if you’re going to make such moves?”
Clipston and Workman argue that Bitcoin isn’t just another asset; it’s a foundational shift in how value is stored and transferred in a digital world — and corporations that ignore it may be left behind.
Source: https://coindoo.com/swan-bitcoin-execs-forecast-the-future-of-bitcoin/