比特幣（BTC）在一個新時代的區塊鏈開發時代的機構採用引誘者

不久前，比特幣作為政府支持的儲備資產的想法似乎是一種延伸。美國美聯儲建立戰略比特幣儲備的舉動標誌著一個明顯的轉折點。

input: The US Federal Reserve’s move to begin adding Bitcoin to its strategic reserves is a clear turning point. Once dismissed as a speculative asset or niche investment, Bitcoin is increasingly being treated by some governments and financial institutions as a national store of value.

意見：美國美聯儲開始在其戰略儲備中增加比特幣的舉動是一個明顯的轉折點。一旦被視為投機性資產或利基投資，比特幣越來越多地被一些政府和金融機構視為全國性的價值存儲。

This evolution puts blockchain development at a crossroads. On one hand, memecoins, once dismissed as internet jokes, have dominated transaction volumes and social buzz on leading platforms. On the other hand, institutions and governments are taking the world’s most popular cryptocurrency — Bitcoin (BTC) — seriously and investing in infrastructure to secure it for the long term.

這種演變使區塊鏈的開發處於十字路口。一方面，曾經被視為互聯網笑話的Memecoins主導了領先平台的交易量和社會嗡嗡聲。另一方面，機構和政府正在認真對待世界上最受歡迎的加密貨幣（BTC） - 並在基礎設施上進行投資以長期確保其確保。

If Bitcoin is to be treated like gold, it must be secured like gold. Very soon, we will see governments and institutions seeking to secure Bitcoin in what will no doubt look like a digital Fort Knox. With more institutional and instrumental influence over the most valuable digital asset in the world, verifiable storage, hardened security protocols and structures built on resilience will become paramount.

如果要像黃金一樣對待比特幣，則必須像黃金一樣固定。很快，我們將看到政府和機構尋求確保比特幣，毫無疑問，這看起來像是諾克斯的數字堡壘。由於對世界上最有價值的數字資產的製度和工具影響更大，可驗證的存儲，基於彈性的硬性安全協議和結構將變得至關重要。

This shift could raise the stakes for developers. As institutional adoption rises, so does the demand for specialized developers capable of delivering institutional-grade security and long-term stability.

這種轉變可能會為開發商增加賭注。隨著機構採用的增長，對能夠提供機構級安全和長期穩定的專業開發商的需求也是如此。

What does this demand mean for the developer community that made Bitcoin what it is today? How will this affect the grassroots development built on Bitcoin’s core principles of full decentralization and transparency? Will a more institutional Bitcoin leave room for innovation, or is this the end of Bitcoin decentralized finance (DeFi)?

這對製造比特幣的開發人員社區意味著什麼？這將如何影響基於比特幣的全面權力下放和透明度的核心原則的基層發展？一個更具機構性的比特幣會留出創新空間，還是比特幣分散金融（DEFI）的終點？

Bitcoin’s institutional turn

比特幣的機構轉彎

Bitcoin, the first and most widely recognized cryptocurrency, was designed to operate outside of traditional systems. Yet the moment governments and traditional institutions stopped keeping their distance, the future of Bitcoin has begun to pivot. What was once met with skepticism now draws a new kind of curiosity.

比特幣是第一個也是最廣泛的加密貨幣，旨在在傳統系統之外運行。然而，當政府和傳統機構停止保持距離的那一刻，比特幣的未來已經開始轉移。曾經遇到的懷疑主義現在引起了一種新的好奇心。

The same players who once warned against digital assets are now making their claims. The International Monetary Fund’s latest Balance of Payments Manual now classifies digital assets like Bitcoin as part of the international financial system, placing it firmly alongside traditional reserves and gold.

曾經警告過數字資產的同一位參與者現在提出了索賠。國際貨幣基金組織的最新付款手冊現在將比特幣等數字資產作為國際金融體系的一部分進行了分類，並將其與傳統儲量和黃金一起牢固地列入。

As of January 2025, governments worldwide hold an estimated total of 471,000 BTC, which at current prices amounts to over $16.3 billion. Strategy continued to lead and cross its Bitcoin holdings at a corporate level, doubling down on the cryptocurrency as a long-term strategic play.

截至2025年1月，全球政府估計總計471,000 BTC，目前的價格超過163億美元。策略繼續領導並跨越其比特幣持有的公司層面，將加密貨幣作為長期戰略作用加倍。

Recent: Bitcoin DeFi surge may boost BTC demand and adoption — Binance

最近：比特幣Defi激增可能會提高BTC的需求和採用 - Binance

This kind of institutional recognition validates Bitcoin’s core principle but also throws it into flux. Holding it in sovereign reserves, governments are simultaneously affirming its legitimacy while also conforming it to the very system it was meant to disrupt.

這種制度認可驗證了比特幣的核心原則，但也將其變成了不斷變化。在主權儲備中，政府同時確認其合法性，同時也將其符合其旨在破壞的系統。

The changing developer landscape

不斷變化的開發人員格局

As the crypto landscape continues to evolve, fresh talent is still entering the space. In 2024, the total number of developers in the industry declined by 7% year-on-year. Yet seasoned and established developers saw a 27% increase in activity, contributing to a record share of the industry’s output.

隨著加密貨幣景觀的不斷發展，新鮮的人才仍在進入該空間。 2024年，該行業的開發商總數同比下降了7％。然而，經驗豐富和成熟的開發人員的活動增加了27％，這導致了該行業產出的創紀錄。

While opportunities for small-scale contributors may be fading, the ecosystem supports a core of experienced builders, a signal that the space is maturing. The influx of institutional investors to crypto like Bitcoin is likely to drive up Bitcoin’s price, a consequence that might see them price out smaller developers and create an even higher barrier to entry.

雖然小規模貢獻者的機會可能正在消失，但生態系統支持經驗豐富的建築商的核心，這表明空間正在成熟。像比特幣這樣的機構投資者湧入加密貨幣可能會推動比特幣的價格上漲，這可能會使他們的價格超出了較小的開發商，並創造了更高的入境障礙。

As the stakes around Bitcoin continue to rise, the demand is no longer just for innovation. It’ll be for security, compliance and infrastructure that can meet enterprise-grade “Fort Knox” level expectations.

隨著比特幣周圍的賭注繼續上升，需求不再僅僅是為了創新。可以滿足企業級“諾克斯堡”水平期望的安全，合規性和基礎設施。

We’ll see a new wave of specialized developers stepping up to build intelligent, compliant and institutional-grade decentralized applications. From secure custody solutions to regulated exchanges and seamless bridges, institutional and government demands will shape the next phase of Bitcoin development.

我們將看到新的專業開發商浪潮正在加緊建立智能，合規和機構分散的應用程序。從安全的監護解決方案到受監管的交流和無縫橋樑，機構和政府的要求將影響比特幣開發的下一階段。

A new infrastructure

一個新的基礎架構

As Bitcoin integrates more deeply into institutional finance, the development focus is maturing from experimentation to durability, compliance and security. Developers will likely focus on building not directly on Bitcoin but instead with Bitcoin. Bitcoin DeFi has so far been celebrated as a way to unlock open finance with the world’s most popular cryptocurrency, and it still might. Still, its future will depend on incoming compliance and regulatory frameworks.

隨著比特幣更深入地整合到機構金融中，從實驗到耐用性，合規性和安全性的開發重點正在成熟。開發人員可能會專注於直接在比特幣上建造，而是使用比特幣。到目前為止，比特幣Defi已被慶祝，是一種用世界上最受歡迎的加密貨幣解鎖開放財務的一種方式，仍然可以。儘管如此，它的未來將取決於傳入的合規性和監管框架。

If governments go down the path of shoehorning the asset into traditional financial models, we’ll find developers seeking ways to bridge Bitcoin’s liquidity and value to more operable, friendlier chains. If governments are open to preserving Bitcoin’s core offering as a new, borderless and decentralized currency, that will signal the community to continue innovation.

如果政府走上鞋類資產進入傳統財務模式的道路，我們將發現開發人員正在尋找方法，以彌合比特幣的流動性和價值，從而使更可操作，更友好的連鎖店。如果政府願意保留比特幣的核心產品作為一種新的，無邊界和分散的貨幣，這將表明社區繼續創新。

The question for the community then isn’t whether Bitcoin can support innovation under institutional oversight. It’s whether Bitcoin can thrive in a world that could now seek to contain it.

那麼，社區的問題不是比特幣能否支持機構監督下的創新。這是比特幣是否可以在現在可以試圖遏制它的世界中蓬勃發展。

Opinion by: Markus Bopp, CEO of TAP Protocol.

意見作者：TAP協議首席執行官Markus Bopp。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent

本文是出於一般信息目的，不打算被視為法律或投資建議。這裡表達的觀點，思想和觀點是作者獨自一人，不一定反映或代表