The Roads To Hyperbitcoinization: Describing The ‘Transition Agents’ Bringing Us Financial Freedom

This article is the second half in a sequence the place we define the views and predictions made by the Bitcoin neighborhood in regards to the prospect of hyperbitcoinization. In our evaluation, we spotlight “transition agents”: foremost gamers, teams of gamers or establishments that would speed up the transition to a Bitcoin world. For every matter, we base our arguments on the references collected, and if attainable, current knowledge that goals to evaluate the chance of this consequence.

The first article described top-down situations initiated by institutional brokers or governments whose affect is anticipated to trickle right down to a wider viewers. We recognized financial inflation and the rollout of central financial institution digital currencies (CBDCs) as possible situations initiated by central banks, whereas bitcoin hoarding, an increase in cross-border funds in bitcoin, bitcoin as a authorized tender and even the arrival of a hash warfare had been recognized as situations more likely to induce authorities acceptance of Bitcoin. In view of the current pronouncement by El Salvador, it seems that political agendas in South America are in a state of flux, specifically in nations with nationwide elections scheduled for 2021 and 2022.


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