Satoshi’s vision for Bitcoin (BTC) could be realized by 2030, said the CEO of market intelligence firm CryptoQuant.
In a new post on social media platform Ta.
“By the next halving, around April 2028, as volatility falls further and the ecosystem matures, the potential use of Bitcoin as a ‘currency’ will begin to be seriously discussed…
Satoshi’s goal was for Bitcoin to become “P2P (peer-to-peer) electronic money” rather than digital gold. His vision could become a reality by 2030 through the maturation of the Bitcoin ecosystem and the reduction of its volatility. ”
Ju points out key factors that will play a role in pushing the king of cryptocurrencies to become widely used electronic money. He argues that the maturation of BTC as an asset will reduce volatility and lay the foundations for Bitcoin to become a payment method.
“Large mining companies backed by institutional investors dominate the current mining industry. Increased institutional involvement increases barriers to entry, reducing Bitcoin’s volatility and attractiveness as an investment asset…
Familiarity with blockchain wallets and stablecoin adoption increases the likelihood that Bitcoin will be used as a currency. This can occur due to protocol improvements, L2 (Layer 2) networks, or wrapped BTC. As volatility decreases, Bitcoin’s role as a currency becomes increasingly inevitable. ”
At the time of writing, Bitcoin is trading at $67,048, with a slight increase over the past 24 hours.
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