Post
Topic
Board Bitcoin Discussion
Re: Will "hyperbitcoinization" become a reality?
by
Abiky
on 15/05/2022, 00:57:50 UTC
It doesn’t seem so in the near future. But no one can say with guarantee seeing the increased popularity of crypto.

With how fast prices are declining, it's very unlikely we'll live in a "hyperbitcoinized" world in the near future. There are many things to be improved upon and discovered for Bitcoin to reach that level of adoption worldwide. I'd say we're in the very beginnings of crypto/Blockchain tech, even though it's only been 13 years since Bitcoin's inception. Slowly but surely, countries are adopting Bitcoin as legal tender in order to help make the dream of "hyperbitcoinization" a reality. First it was El Salvador, and now it's the Central African Republic.

If popularity continues to increase, it's possible developed countries like the US and UK will adopt Bitcoin as legal tender. For what I know, anything's possible in crypto. Who knows what the future holds for the entire industry? Just my opinion Smiley