Just over three years ago, at the start of the last bull cycle, I spoke with experts in the space to write “
This doesn’t mean he thinks bitcoin will fully replace the dollar. He envisions that most goods will have “two price tags” — one in fiat, one in bitcoin. “It won’t have replaced all fiat currency,” says Klippsten. “We’re going to live in a multi-currency world, as we always have.”There are over 3 billion gamers on the planet. Des Dickerson, CEO of THNDR Games, envisions a future where these billions of gamers are getting rewarded in bitcoin, thanks to the speed of the Lightning Network.
The concern is shared by Wendy O, host of The O Show . She acknowledges the very real benefits of “ethically grifting” on the tailwinds of bitcoin’s ETF-driven price surge, but also envisions a scenario where “TradFi steps in and governs bitcoin for us.”As AI continues to advance, we’ll soon see the rise of “smart agents” that can do things like book our flights, pay our bills and order us Thai food.
Or perhaps, as Jackson suspects, the government creates “some sort of bottleneck” for converting bitcoin to fiat, such as forcing you to first convert it into a CBDC . The way Jackson sees it, if the value of 1 bitcoin soars to $1 million in ten years — and if they have to use the government’s digital currency as an offramp —- then that will “trap a lot of people into getting the CBDC, and I think that’s what they want for surveillance and control.
This one’s dead-simple, but sometimes the simplest scenarios are the most likely. Don’t sleep on common sense. “Bitcoin's core value proposition is a global, digital store of value,” says Anthony Pompliano, aka “Pomp” of Pomp Investments. “There are other potential use cases which may come to fruition, but the core proposition is the one that’s most likely to last for decades.”