Bitcoin treasury firms driving $200T hyperbitcoinization — Adam Back

Investment firms with Bitcoin-focused treasuries are front-running global Bitcoin adoption, which may see the world’s first cryptocurrency soar to a $200 trillion market capitalization in the coming decade. Institutions and governments worldwide are starting to recognize the unique monetary properties of Bitcoin (BTC), according to Adam Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “$MSTR and other treasury companies are an arbitrage of the dislocation between the bitcoin future and todays fiat world,” Back wrote in an April 26 X post. “A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization source: https://cointelegraph.com/news/bitcoin-treasury-firms-front-running-200-t-hyperbitcoinization-adam-back?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound