Hyperbitcoinization is the belief that eventually all goods and services will be priced in bitcoin instead of dollars. If you identify as a Bitcoin maximalist, you might have already accepted this as a given. But what does this process actually look like over time? What are key milestones that we can point to that would indicate hyperbitcoinization is taking place? In this post, I explore current Bitcoin financial products, geopolitical reasons governments will adopt bitcoin, why central banks will adopt bitcoin and more.
Merging Bitcoin with Traditional Finance
As adoption continues, more companies will offer Bitcoin financial products and further merge Bitcoin into the traditional finance world. Unchained is a company at the frontier of this world whose financial products include USD loans collateralized with bitcoin, bitcoin inheritance and taxed advantaged retirement accounts. Unchained is also helping people use these products in a secure self-sovereign manner: incentivizing key
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