Joe Burnett calls economists to become «hyper alcistas with Bitcoin»

Joe Burnett, Bitcoin strategy director at Semler Scientific (SMLR), said economists who adhere to the hypothesis of efficient markets should observe what is happening with BTC and, consequently, become «hyper bullish.»

With this statement, the specialist refers to the fact that, if prices and capital allocation reflect all available information, then ignore the high demand for Bitcoin -based financial products (BTC) would be overlooked a key signal of the market itself.

In other words, believing in efficient markets implies seriously by what those same markets, in their opinion, are already indicating: that Bitcoin is emerging as an asset with solid foundations.

According to the executive, professionals in finance that remain skeptical against Bitcoin should pay attention to what Strategy has achieved, the company led by Michael Saylor, today The company that has the most BTC among those quoted in the stock market. According to Bitcoin Treasuries data, its reservation amounts to 632,457 BTC.

The role of Strategy in the corporate adoption of Bitcoin dates back to 2020, when, as Cryptonoticias reported, the company made its first massive purchase of the asset, acquiring more than 21,000 BTC for 250 million dollars. The decision was not impulsive: it was the result of months of analysis on the resilience of the network, its global acceptance and the strength of its community.

Thus, Burnett details that the firm has created two financial products based on the creation of Satoshi, which today record a strong demand. The first provides leverage to BTC in the long term through its share capital, while the second are fixed income instruments that provide financing for this leverage. Together, he points out, they make up a system that feeds up.

The innovative, according to the Executive, is that These fixed income instruments are not backed by traditional debtsbut for positions in suparantized Bitcoin, which gives them a credit rating greater than 5, that is, they are extremely overlaterized with liquid and scarce assets, much safer than most traditional bonds.

In terms of risk-return, this translates into greater higher security and returns for investors compared to conventional products. In addition, Burnett emphasizes that 15% of the entire initial public offers market (IPO) are emissions of shares of companies that come out to quote for the first time in the stock market) in 2025 it was composed of the issuance of these instruments by Strategy, destined to acquire more bitcoin.

«The market is converging in Bitcoin and the most efficient base for both capital and credit,» said Burnett, comparing this phenomenon with the steel revolution in construction: before its adoption, the buildings had a height limit; Then, the shape of the cities changed radically. «Bitcoin plays a similar role in finance,» he added.

Burnett’s vision can be complemented with another of his publications, especially one in which he criticized the Fíat system and referred to the concept of «crack-up boom», coined by the Austrian economist Ludwig von Mises in his book Human action (1949). This term describes the final phase of the inflation cycles derived from monetary and credit expansion.

This process, according to Mises, begins with the continuous printing of money, which generates a sustained increase in prices. As progress, there is a collapse of trust: the population understands that the currency will continue to lose value and, as a consequence, seek to part with it as quickly as possible.

This dynamic causes a career towards tangible assets – which includes from actions and real estate to comodians or foreign currencies – in a shopping frenzy that does not reflect real economic growth, but an inflationary panic. Finally, the process culminates with the death of money.

The solution for Burnett? Buy Bitcoin.