At the Bitcoin MENA conference, a prominent figure laid out an audacious plan: accumulate massive amounts of BTC, pull it from circulation, then leverage those holdings as collateral to spin up digital credit systems. The pitch? This somehow eliminates Bitcoin's inherent risk while locking in a guaranteed 10% annual return forever.

Sounds too good to be true? Because it probably is. The logic here doesn't hold up—claiming you can strip volatility from an asset while promising perpetual double-digit returns is financial fantasy. No collateral structure magically erases market risk, and certainly not one built on an asset known for wild price swings.

This kind of narrative might sound visionary in a keynote hall, but in practice, it's selling a dream that defies basic market mechanics.