Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO

However, Back said that in order for that figure to be reached, improvements in Bitcoin layer-2 technologies and wallet infrastructure needs to be fast tracked to give time for these innovations to scale:

“i think things will get “interesting” over the next two halvings. and fast, we don't have much time to scale tech. we need somewhere for the next billion users to own their own UTXO, their own keys, with censorship-resistant cold storage. without weakening main-chain security.” Back said that it “probably means sidechains/drivechains as a tradeoff. more lightning optimization [...] we don't have much time as tech takes time to mature, wallets, interop, integration.”Back said he believes Bitcoin adoption hasn’t reached the bottom of the S-curve yet, as only 1-2% of the world population has tapped into Bitcoin.

“given volatility, i think #bitcoin can overshoot wildly and tap one of these $100-300 trillion market caps, correct and then regain a steadier adoption over time. i suspect people with average entry points, relative to then current price won't have much incentive to sell in size.” The CEO explained that part of that next wave of adoption may come from what he describes as “hyperbitcoinization spurts” — whereAdam Back believes the inflation of fiat currencies may force people to buy and hold bitcoin. Source:

adam3us We have a lot of time to buy as much cheap bitcoin as possible in ownr

adam3us RemindMe_OfThis in 9 years

adam3us This is wrong, bitcoin not has price is infinite because the paper money is infinite

adam3us $CAI will grow faster than this and so much sooner. That’s my take.

adam3us Responding to a comment, Back said he believes Bitcoin adoption hasn’t reached the bottom of the S-curve yet, as only 1-2% of the world population has tapped into Bitcoin. He predicts more investors will begin to “stack” BTC into cold storage wallets.

adam3us Adam’s lucky he’s not being investigated yet for such ignorant claims.

adam3us 1 million says Cathie Wood, 10 million says that 🤡, who comes next with 100 million per bitcoin?🤣

adam3us What he is smoking these days? I want that too 🔥

adam3us ….or it could go straight to Zero!

adam3us

adam3us

adam3us In 9 years I will be at least 9 years older, my man. Don’t wonna wait this much…

Interesting outlook! Could DeFi be the catalyst for BTC reaching $10 million by 2032? Excited to see what the future holds!

What will $10.000 buy by the time though, a pack of Ramen? How much gold 1 BTC will buy in 2032 would be a bit more interesting to predict.

Just means his unfair visible for all to see and track $BTC bags are packed, I'd be packing the mimble wimble and fair after what we've all been thru the last few years, i'd $GRIN from now on instead ツ

He is talking about 210 T $ 🤨 nothing impossible with this world

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