The CEO of CryptoQuant, a market intelligence firm, believes that Bitcoin could fulfill Satoshi’s vision and become a widely used digital currency by 2030. Ki Young Ju shares his thoughts on the social media platform X, stating that after the 2028 halving, where miner rewards are halved, Bitcoin could be seriously considered as a form of digital cash. He predicts that by April 2028, as volatility decreases and the ecosystem matures, Bitcoin’s potential as a currency will be discussed. Satoshi originally intended for Bitcoin to be a peer-to-peer electronic cash, not digital gold, and Ju believes that this vision could be realized by 2030 through the maturation of Bitcoin’s ecosystem and the reduction of its volatility.

Ju identifies several key factors that will contribute to Bitcoin’s transformation into a widely used electronic cash. He argues that as large mining companies backed by institutional investors dominate the mining industry, Bitcoin’s volatility will decrease, making it less appealing as an investment asset. Additionally, as people become more familiar with blockchain wallets and adopt stablecoins, the likelihood of Bitcoin being used as a currency will increase. This could be achieved through protocol improvements, layer-2 networks, or Wrapped BTC. As Bitcoin’s volatility decreases, its role as a currency becomes more inevitable.

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