~snip~
Nice video. It's definitely coming. There will always be noise (read: COVID, Ukraine, FTX, etc.) that causes deviations from the trend, but the trend is there, and always has been. I think we will see 6 digits by 2025. Exact figures like $250,000 are fun and generate clicks, but don't make much practical sense. Bitcoin-friendly banks and ETFs are a necessary "evil" in the path of Bitcoin adoption. It is naive to expect a total collapse of the traditional system, and not everyone can be their own bank. It will not collapse, it will adapt, and it is adapting.
Looking forward to an exciting new year!
They are definitely a necessary evil, no matter how much you look at such things positively, the fact is that banks, funds and most governments of the world do not see anything positive in Bitcoin other than a way to profit. That's why we see that they don't mind too much when someone trades with Bitcoin, but it really bothers them when someone uses it as a means of payment. As far as I know, in Turkey and Thailand, Bitcoin is banned as a means of payment, but trading is allowed, and I wonder if some other countries will perhaps follow that example.
I also agree that Bitcoin currently does not have the power to seriously disrupt traditional financial systems that have been created for hundreds of years and that people trust to the greatest extent. Bitcoin is more for those looking for an alternative, although human greed and stupidity always find a way to disrupt that. Of course I'm referring to ordinals and all similar nonsense that increase the prices of on-chain transactions and push people even more away from using BTC as a currency.