Do you think there will finally be mass institutional adoption of crypto 10 years from now and how much do you think btc will be at that time?
I believe Bitcoin's future doesn't depend on the actions of institutional players. More precisely, institutional players will do everything possible to keep Bitcoin's fundamental value and price as low as possible. But they won't succeed. 🙋
Institutional players are inherently oriented toward fiat money and the modern financial system. It couldn't be otherwise. 🤷
They don't need Bitcoin at all. Institutional players respect central bank digital currencies (CBDCs), regulated stablecoins, and all kinds of financial derivatives.
In my opinion, Bitcoin's future is tied to geopolitical issues and the use of the first cryptocurrency by artificial intelligence agents. I believe AI agents will actively use Bitcoin (especially in long-term projects). The term"digital gold" in such situations should be taken literally. When it comes to long-term internet projects, you need "digital gold", a reliable, low-volatility asset for long-term storage. I think that's exactly how AI agents will use Bitcoin (though I'm certainly no Merlin the Seer and can't predict the future). 💁