I think once retailers (with 300-1000% markup) have a good understanding of BTC, and it's been proven it can handle the load (exponential increase of adoption) they will begin to offer significant discounts to their customers that use BTC so they can both sell off a portion for their day to day expenses plus taking an immediate profit in fiat and HODL a percentage of that markup in BTC for future risk/profit.
Any broker service that they (retailers) can trust to successfully manage their BTC holdings (for a fee) and realize a minimum 12% average interest on those holdings would simply be using sound business practice over the long run.
I'm curious about a couple of things here.
First off, why would any major business (I'm going to define it as at least being present on the stock market) decide to actually keep Bitcoin? I can understand why they'd be happy to accept it and then sell it off - but keeping it presents a risk that investors wouldn't necessarily be keen to take. You'd have to have society overwhelmingly accept Bitcoin for investors to be happy to have their company hold Bitcoin.
Secondly, where are you getting your figure of 12%?
The 12+% is simply an acceptable return on any investment imo.
I didn't mean to say that I was predicting what
would happen in the next 5-10 years. If you read the post again you'll see that it's a reasonable assumption that BTC will not reach "household word" status if it doesn't both serve a purpose (simple BTC card without the credit card fees) and make people money (investors).
If those businesses with high margins and high profit could be persuaded to use BTC because it's an acceptable risk to HODL a percentage, and compel those they do business with to accept BTC transactions, then, imo, the blockchain will put down sound economical (socio/financial) roots.
The blockchain(s) then can become the shining star that it's attempting to become. Security and bloat are the major issues that need to be addressed to gain the confidence of the masses that
do want a ledger of truth and justice going forward for future generations.
Those who wish to remain off the books (decentralization) will have to learn to hide their BTC well. Or trust in physical assets that are easy to hide.
fdyl
Businesses can't afford to take that risk. It's a shame many of them are put off by the fluctuations but don't realize they can use companies like bitpay etc just to straight get the cash. I guess most just don't see the point in accepting it at the moment.