Despite high inflation, locals often prefer their familiar, albeit devalued, currency due to the existing banking infrastructure. This is a common pattern in countries experiencing hyperinflation, like Venezuela and Zimbabwe.

It's true that alternative stores of value like gold, silver, and bitcoin typically gain traction when the financial system collapses or becomes highly unstable. However, this doesn't mean that bitcoin won't gain adoption in countries with functioning banking systems.

But Argentina's case is fascinating, with President Melei's pro-bitcoin stance and the recent announcements about mining bitcoin using stranded gas. This development could pave the way for bitcoin adoption in the country, especially if the government supports it.

The trend of smaller countries exploring bitcoin adoption is growing, with El Salvador leading the way. Suriname's Maya Parbhoe, a presidential candidate, is another example of a leader open to bitcoin's potential. As more leaders and countries explore bitcoin, it may become a catalyst for wider adoption.

While chaos often precedes significant changes, preparing for the future doesn't necessarily mean waiting for chaos to ensue. Instead, it's about understanding the underlying shifts in the global economy and the potential role of bitcoin and other alternative assets.

In conclusion, hyperinflation can lead countries to explore alternative currencies like bitcoin, but it's not the only factor driving adoption. Proactive leaders, technological advancements, and shifting economic landscapes also play a significant role in the growing acceptance of bitcoin.

Bitcoin will not always be in an uptrend. Like any asset, its value can fluctuate significantly. Bitcoin's price has been known to be highly volatile, and has experienced several significant downturns in its history.

2011: Bitcoin's price did drop from $32 to $2.

2013: Bitcoin's price did drop from $266 to $50, and then rose to around $100. It then fell steadily to $70 over the course of two weeks starting late June 2013, later rising to $1,242 by the end of the year.

2018: Bitcoin's price did drop from $17,000 to $3,200 ², which is an 81% decline.

2022: Bitcoin's price dropped to a low of $18,000 in June, after starting the year at around $40,000. However, it did not reach $48,000 at any point in 2022.

Recently, Bitcoin has been trading sideways, with prices fluctuating between $20,000 and $30,000.
Source:(https://en.m.wikipedia.org/wiki/Economics_of_bitcoin)

While Bitcoin has shown remarkable growth over the years, its price can be affected by various factors, such as:

- Regulatory changes
- Global economic conditions
- Adoption rates
- Competition from other cryptocurrencies
- Market sentiment

As a result, Bitcoin's price can drop as well as rise, and it's essential to be aware of the potential risks and rewards before investing.

I think Bitcoin will keep growing, but it's unlikely to go up nonstop without any big drops. The market for cryptocurrencies like Bitcoin can be really unpredictable and prices can change fast. Even though more investors and big companies are interested in Bitcoin, we shouldn't rule out the possibility of a setback.

Reaching $100K without any big price drops seems too good to be true. Instead, Bitcoin's price will probably go up and down a few times before it reaches new heights. But I still believe Bitcoin has a lot of potential and will be worth more in the long run. We just need to be ready for any ups and downs along the way.