Bitcoin (BTC) To Be Worth $100 Million Per Coin By 2030

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Hyperbitcoinization is a state in which bitcoin is expected to become the world’s dominant form of money. The fact that the digital currency is socially wired should work to its advantage when it comes to exponential adoption.

Cryptocurrencies enthusiasts expect bitcoin to displace legacy currencies and become the only method of value exchange. With Hyperbitcoinization, Bitcoin should change people’s relationship with money. The fact that people will own their money and be in total control of its value is seen as one of the attributes that will make most people shun fiat currencies.

Central Bank machinations should end as more people join the cryptocurrency bandwagon. Krawisz expects bitcoin to reframe citizen’s roles in a borderless, global economy.

According to Mr. Krawisz, no currency has what it takes to stand in the way of Bitcoin world dominion given the expected mass adoption. Any currency that tries to stand in the way should lose value as bitcoin supplants it.

The cost of rejecting Bitcoin should exceed the cost of adopting it as more people start to use the cryptocurrency. The digital currency is expected to begin assuming money’s traditional roles helped by widespread adoption and acceptance. Institutional and government support should go a long way in accelerating adoption of the cryptocurrency in the mainstream sector, a feat expected to strengthen its value.

Something like 20% of Bitcoin total supply will be missing or lost in the future, which means there will only be about 16.8 million coins in circulation. Dividing the global value of money 1.8Q with the total 16.8 million coins, incomes $107,142,857 which when rounded brings about the expected bitcoin value of $100 million.

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