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Is hyperbitcoinization possible?
$BTC
Hyperbitcoinization is a hypothetical transition from fiat money to Bitcoin as the world's primary currency. Experts expect that this process could take decades. Many analysts and institutional investors believe that Bitcoin will become the dominant global store of value by 2050.
This process will not happen overnight. In developing countries with unstable economies, hyperbitcoinization could occur much faster due to hyperinflation of national currencies.
The full transition will depend on the mining of all coins — Bitcoin's controlled supply process will not be completed until 2140.