Hyperbitcoinisation with Christian Keroles - WBD482

Christian Keroles is Managing Director of Bitcoin Magazine.
In this interview, we discuss hyperbitcoinisation as a
zero-sum game and how that could lead to $26 million bitcoin.


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Hyperbitcoinization is a scenario where Bitcoin has achieved
mass adoption: it is widely used as a medium of exchange, it
is a store of value held by individuals and businesses, and
it has become a primary global reserve currency. Essentially,
it is a ubiquitous and dominant form of global money.


Over the last few years, a series of unprecedented global
events has helped accelerate the adoption of Bitcoin. The
pandemic gave rise to unsustainable monetary and fiscal
policies that made the economic case for adoption by major
institutions and a nation-state.


Now, in the shadow of the Candian trucker protests, where
fears regarding the curtailment of individual freedoms were
realised, and a new conflict in Europe may signal a
reordering of the global monetary system, the political case
for wider adoption of Bitcoin has been made.


We now live in a time when rather than being viewed as a wild
abstract theory, hyperbitcoinisation is being contemplated as
being a plausible culmination of ongoing trends. But what
does this mean? What will the transition to a Bitcoin
standard look like?