The “hyperbitcoinization”, an almost apocalyptic term that evokes the fiduciary collapse of the end of the days and the parabolic ascent of Bitcoin to the global reserve state, is being discussed more and more in more serious circles.
For Bitcoin Hardcore’s maximum, for a long time it has been the final scenario: a financial utopia where people, institutions and even nations are in a Bitcoin only system as the economy based on Fiat Collapse.
While we are not there yet, recent events could suggest that something is brewing.
Bitcoin is quoted in records exceeding $ 119,000. Bitcoin market capitalization is close to that of technological giants. The US dollar continues its slow bleeding in real purchasing power. The main institutions are assigning capital to BTC with the same risk -adjusted lens that apply to traditional assets. If hyperbitcoinization once sounded as an ideological fiction, it is now likely to approach reality in the initial stage.
“In BTC’s previous upward markets, Hiperbitcoinization thesis would have been limited to cryptographic enthusiasts. More recently, adjacent hyperbitcoinization conversations have become much tastier for the broadest public,” said Frnt Capital in a note sent by email.
From the trenches to the front line
Only a few years ago, nobody thought that Blackrock’s tastes would create a quoted background in the stock market so that the masses buy billions in Bitcoin.
Today, the Ishares Bitcoin Trust (Ibit) It is a giant with 706,008 bitcoin under its credit, with a value of $ 82 billion, according to the data of Bitcintrease.net.
Large companies are raising funds to buy Bitcoin for their balances. Political leaders, including a president of Pro-Crypto US, are floating the idea of Bitcoin’s national reserves (if that will come to fruition it is still in debate).
Even a housing regulator in the United States is considering whether cryptographic holdings could be considered for mortgage applications, a potential sign that digital assets are becoming part of the central financial infrastructure, or at least those who are currently in power would like that to happen.
And, of course, Wall Street has already claimed Bitcoin with “tradition” of digital assets.
The change of property
The table below makes an interesting observation about a possible “hyperbitcoinization” that can already be underway.
From 2014 to at least 2020, Bitcoin has been retained mostly individuals. But progressing quickly until today, a massive number of companies, funds and even governments, unlike individual cryptocurrency enthusiasts, are Bitcoin holders, while prices continue to increase to new maximums.
This change in the distribution of the wallet suggests that hyperbitcoinization, although it is not completely made, is progressing from an ideological thesis to a possible observable market behavior.
In a market that is increasingly driven by narrative impulse and liquidity rotation, hyperbitcoinization may not be just a topic, it could become trade.
“Possibly, as the hyperbitcoinization thesis is validated in practice and earns greater attention from the main current, more BTC investors will be motivated to Hodl. This does not apply only to people, but to the institutions and the nations equally,” said FRNT.
