CryptoQuant CEO Ju predicts that Bitcoin will become a widely accepted global currency by 2030, staying true to the vision of its creator, Satoshi Nakamoto. Ju highlighted the significant increase in Bitcoin mining difficulty over the past few years, making it challenging for individual miners to compete with large corporations backed by institutional investors.
As more financial institutions enter the crypto space, Bitcoin is being viewed as a stable investment, leading to a decrease in its volatility. Ju also emphasized the role of stablecoins in Bitcoin’s future, with companies like Stripe working on infrastructure for stablecoin transactions.
Looking ahead to the next Bitcoin halving event in 2028, Ju believes it will be a crucial point in Bitcoin’s journey towards becoming a true currency. With decreasing volatility and a maturing ecosystem, Bitcoin’s adoption as a stable medium of exchange is inevitable.
By focusing on the increasing adoption of crypto wallets and stablecoins, Ju envisions Bitcoin fulfilling Satoshi’s original goal of being a peer-to-peer electronic cash system by 2030. The evolution of Bitcoin’s ecosystem and the reduction of its volatility will be key in achieving this milestone.