Funny, that’s my next article ;)
FWIW, my probably overly-optimistic WAG is we’ll see this before the 4th BTC halving in 2024. Bitcoin will be >$100,000 and national blockchain currencies will be in place. These nationalized currencies cannot hold a candle to the bitcoin black hole filling its inexorable gravity well with failing fiat.
- $100k BTC
- 4th halving
- China nationalizing mining operations
- A Greece, or Venezuelan, or a Cuba’s adoption of bitcoin as their national currency succeed in getting them out of their dark economic fates.
The watershed moment is when the US notices the accumulation of BTC by the rival BRICs. US plays catchup to China and Russian accumulation, and— the race is on!