By around 2030, the first cryptocurrency will likely be used as global money, according to the vision of its creator Satoshi Nakamoto, according to the forecast by CryptoQuant founder and CEO Ki Yoon Ju.
In support of his position, the expert pointed to the increase in mining complexity — +378% over the past three years. This leads to higher entry barriers for Bitcoin mining and the dominance of large institutional players in the industry.
This trend, in turn, reduces the volatility of digital gold and makes it attractive as an established investment asset. By the halving in 2028, the potential of the cryptocurrency in this regard will only increase, the head of CryptoQuant is sure.
The likelihood of Bitcoin being adopted as a currency will increase as users become more familiar with wallets and stablecoins, which will be facilitated by protocol improvements, L2 solutions, and “wrapped BTC” options.
Ki Yoon Ju noted that large players like Stripe are entering the stablecoin infrastructure market. The expert expects this process to accelerate in the next three years as an adequate regulatory framework emerges.
