Bitcoin To Be A ‘Mainstream Currency’ By 2030? ‘Increasingly Inevitable,’ Says Industry Expert
Posted On October 24, 2024
Ki Young Ju, CEO of CryptoQuant, suggests that Bitcoin (CRYPTO: BTC) is on track to become a widely used currency by 2030, largely driven by the mass adoption of stablecoins.
What Happened: Ju pointed out in a post on X on Thursday that Bitcoin’s mining difficulty—a measure of competition—has surged by 378% over the past three years. While it was possible to mine 50 BTC with a single PC in 2009, today’s mining is dominated by institutional-backed companies, making it nearly impossible for solo miners to compete.
As institutional involvement grows, Ju predicts Bitcoin’s …
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