Bitcoin Treasury Firms Propel Hyperbitcoinization to $200 Trillion, Says Adam Back

Adam Back, co-founder of Blockstream, predicts that Bitcoin-focused investment firms are leading the charge toward global Bitcoin adoption, potentially pushing the cryptocurrency to a $200 trillion market capitalization. He highlights the arbitrage opportunity between Bitcoin’s future and the current financial system, with companies like MicroStrategy playing a key role. Back emphasizes that Bitcoin’s price outpacing inflation is the primary driver of hyperbitcoinization. Furthermore, the accumulation of Bitcoin by firms like MicroStrategy and Metaplanet, along with shifts in regulatory attitudes, could encourage wider adoption by global firms and financial institutions.