10x Research: Bitcoin's Real Thesis is Solving Data Center Constraints; SpaceX/Starlink May Enable Decentralized Infrastructure

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According to 10x Research, Bitcoin's core thesis is not about hedging currency devaluation, but solving physical constraints of data centers—heat, energy consumption, and jurisdiction—that could be eliminated in orbital space. The research firm says the synergy between SpaceX, Starlink, and Bitcoin is intentional, representing a systematic decentralized infrastructure ecosystem, while centralized systems like China's digital yuan are building a parallel version. 10x Research characterizes this as the most important yet least discussed investment and geopolitical topic within the next decade, stating that whoever wins this infrastructure race will control the next century's operating system.
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