When the market is selling risk, what assets is the system accepting?\n\nOver the past year, the best performers have been silver, gold, and US stocks.\n\nThese are all long-term assets that have been systematically accepted.\n\nTheir common point is that they have long existed within the capital pools, custody, risk control, and settlement systems.\n\nLooking at crypto assets instead.\n\nEven assets like BTC, ETH, and SOL—considered "better assets"—are still sold off together during risk-off periods. Because they are primarily market assets, their existence depends on trading, liquidity, and risk exposure.\n\nBut recently, something has been changing. When a crypto asset begins to be integrated into the default systems already used by institutions, its attributes shift from "tradeable" to "capable of long-term operation".\n\nToday, we see Fireblocks integrating Humanity, using $H as reported.\n\n/Fireblocks' threshold/\n\nOver 2,400 institutions are using it, including names like BNY Mellon, Revolut, and Worldpay. Valued at $8 billion in 2022, it has protected $10 trillion in transactions.\n\nThe selection standards for such institutional infrastructure are usually very strict. They now support over 80 blockchains, but each new network added is like passing through a sieve—security audits, technical architecture, compliance frameworks, capital volume—all thresholds are very strict. Being accepted into this ecosystem itself demonstrates strong compliance capabilities.\n\n/Why now/\n\nAfter the advent of AI, a very real problem has emerged on the internet: can you tell if the person on the other side of the screen is human or machine?\n\nDeepfake technology, voice synthesis, and casual video generation are almost zero-cost. A witch can register ten thousand accounts to attack someone. Bots can manipulate public opinion on social media and create fake trading volumes on exchanges.\n\nIn the early days of Web3, the assumption was "you are a human," but this assumption is increasingly invalid. All platforms will eventually face this problem: how to prove you are a real person without handing over your ID to a centralized server.\n\nAt this point, look at what Humanity is doing—building a trust layer. Using cryptographic credentials, it allows you to prove your identity, qualifications, and credibility without revealing privacy. It’s not for a specific application but for the infrastructure of the entire internet.\n\n/H how is it different from other tokens/\n\nI’ve been thinking about how to understand the value of H. Most tokens are either money (BTC, stablecoins), computing power (ETH, SOL), or tokens for specific applications (DeFi protocols, GameFi). H is more like pricing "trust".\n\nIdentity, reputation, and credibility are becoming increasingly valuable in the digital world, but they have not been assetized. If BTC is a store of value, ETH is a computing platform, H aims to be trust infrastructure.\n\nIt sounds abstract, but think about it: when AI forces all platforms to verify "humans," what will become scarce?\n\n/Institutions need this non-correlation/\n\nWhen I looked at the list of networks integrated with Fireblocks, I noticed one thing: over 130 networks, but most are financial infrastructure like L1, L2, DeFi protocols, and few focus on "identity and trust".\n\nFinancial tokens tend to behave similarly: they fall together when the market drops, rise together when the market rises. If institutions want to diversify risk, they truly need assets unrelated to these.\n\nIdentity and trust infrastructure belong to a completely different cycle. Their driving force is not market sentiment but the "growth of human verification needs." As AI becomes more widespread and robots more rampant, this demand becomes more rigid.\n\nEvery day, the market sells risk, but the system only accepts new asset types at certain moments. These two things often do not happen simultaneously.\n\nHumanity is now standing at this threshold, and the next steps are still being observed.