The CEO of CryptoQuant, a market intelligence firm, envisions that Bitcoin (BTC) could fulfill Satoshi’s vision by 2030. In a recent post on the social media platform X, Ki Young Ju explains that Bitcoin may start to be seriously considered as a form of digital cash after its 2028 halving, which will result in a reduction of miner rewards.
According to Ju, as Bitcoin’s volatility decreases and its ecosystem matures, the potential use of Bitcoin as a “currency” will be discussed more seriously around April 2028, during the next halving. Satoshi’s intention for Bitcoin was for it to be a “peer-to-peer electronic cash,” rather than digital gold. Ju believes that this vision could be realized by 2030 through the maturation of Bitcoin’s ecosystem and the decrease in its volatility.
Ju identifies several key factors that will contribute to Bitcoin’s transformation into a widely used electronic cash. He argues that as institutional investors back large mining companies, entry barriers will rise, reducing Bitcoin’s volatility and its appeal as an investment asset. Additionally, the increasing familiarity with blockchain wallets and the adoption of stablecoins will enhance Bitcoin’s chances of being used as a currency. This could be facilitated through protocol improvements, layer-2 networks, or Wrapped BTC. As Bitcoin’s volatility decreases, its role as a currency will become more inevitable.
At the time of writing, Bitcoin is trading at $67,048, experiencing a slight increase in the last 24 hours.
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