According to Adam Back, companies with Bitcoin assets, such as Strategy, become leaders of “hyperbitcoinization” thanks to their treasury strategies.
“Some people think that a treasury strategy is a temporary failure. I say no. The current management strategy, including investments in the first cryptocurrency, is logical and justified, and not a short -term trend, ”BEK said.
The steady increase in the course of the first cryptocurrency, overtaking inflation every four years, is a key catalyst for the “hyperbitcoinization” process. Additional support for the asset provides an increase in distrust of the traditional financial system, added the head of Blockstream.
Earlier, Adam Back said that in the next ten years, Bitcoin could finally take the status of the main tool for protection against inflation and political instability from gold.
Source: Bits
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