What is Hyperbitcoinization: Bitcoin As The Dominant Monetary Force

Описание к видео What is Hyperbitcoinization: Bitcoin As The Dominant Monetary Force

Hyperbitcoinization is a Bitcoin maximalist position and scenario where it’s Bitcoin as the dominant monetary force: it’s the store of value, medium of exchange, and unit of account.

There are multiple paths to hyperbitcoinization, but it ultimately starts with adoption. For hyperbitcoinization to take place it needs a large operating network and support base of regular investors, merchants, Main Street businesses, institutions, public companies, private companies, ETFs, governments, and central banks.

No one can say for sure how likely this is, but in this video, we explore some related trends. Of course, expanding the scope to include all crypto rather than just bitcoin makes this scenario more likely.

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Chapters:
00:00:00 What is hyperbitcoinization
00:01:37 Positive trends toward hyperbitcoinization
00:03:57 Negative trends toward hyperbitcoinization
00:07:11 In conclusion... who knows?

#hyperbitcoinization #bitcoinmaximalist #inflation #storeofvalue #alternative #Phemex #Crypto #Bitcoin

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