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Hyperbitcoinization is a Bitcoin maximalist position and scenario where it’s Bitcoin as the dominant monetary force: it’s the store of value, medium of exchange, and unit of account. There are multiple paths to hyperbitcoinization, but it ultimately starts with adoption. For hyperbitcoinization to take place it needs a large operating network and support base of regular investors, merchants, Main Street businesses, institutions, public companies, private companies, ETFs, governments, and central banks. No one can say for sure how likely this is, but in this video, we explore some related trends. Of course, expanding the scope to include all crypto rather than just bitcoin makes this scenario more likely. Trade Crypto on Phemex → https://bit.ly/PhemexOfficial ← Register now for a 7-day free Premium Membership Trial and other trading bonuses. Follow us on: Twitter http://bit.ly/phemex_twitter Facebook: http://bit.ly/phemex_facebook Instagram: http://bit.ly/phemex_ig Join the Telegram community: http://bit.ly/phemex_tg Chapters: 00:00:00 What is hyperbitcoinization 00:01:37 Positive trends toward hyperbitcoinization 00:03:57 Negative trends toward hyperbitcoinization 00:07:11 In conclusion... who knows? #hyperbitcoinization #bitcoinmaximalist #inflation #storeofvalue #alternative #Phemex #Crypto #Bitcoin