Death, taxes and 21,000,000 Bitcoin We know this for sure. All else is speculation. My big predictions for the future halving are what I want to discuss today. Some of these will make me cringe four years from now. “prophecies” Some of these predictions will become true. Some of my predictions are based on gut feeling, while others are random. The only thing I can say is that it’s going to be a weird future.
3 Zeta Hash Mining
A valuable lesson I’ve learned from my previous experience with mining is to think in terms of logarithms and not linear when trying to estimate the hashrate. My expectations were far exceeded by the current hashrate, and I will be going even longer on my next cycle. More nation-states will adopt it and the system is set to explode. Here’s how we can reach the stars.
Five countries in the Western Hemisphere declare USDT legal tender
El Salvador is an example of how nations that have high inflation rates and instabile currencies may consider cryptocurrencies to be legal tender. In countries such as Argentina and Venezuela, political movements are showing an increasing interest by the public and legislators in digital currency. According to economic reports, adopting digital currency can lower transaction costs and improve financial inclusion.
Apple has integrated Stablecoins with its wallet
Apple’s history of adopting new financial technologies has been slow, but there is a significant interest among users in using mobile wallets to access stables along with traditional banking. Apple’s recent hires in blockchain and cryptocurrency, and its patents on the subject suggest that future products will include digital currencies.
Liquids growth is fueled by USDt
Liquid Network daily transactions are laughable at today’s level. But as the stablecoin regulatory framework is implemented we will see a massive increase in tether demand, which will propel Liquids to growth. USDt in liquid today is approximately $36,500,000, or 3.17 percent of USDt total supply. ($111,897,000,000). I expect > $1b to be issued on Liquid by next halving or > 2,600% increase. It is just a wild estimate based on my assumption that USDt will fall into place in accordance with the other predictions.
Even in the midst of a recession, Ordinaries are still thriving
Market interest for NFTs has been consistent. “blockchain-based ownership verification”Ordinals has a bright future, as can be seen by the initial interest shown at its launch. Ordinals was well received by collectors and digital artists at its launch, which suggests that it will be a viable project in the long term. Technology advancements have made it possible to handle large amounts of data, such as those in Ordinals.
Subsidy of 2:1 on Fees for Mining Income
The last two halves show that transaction fees have become a larger part of the miners’ earnings as block rewards are halved. As transactions grow, economic models suggest that accumulated fees become the main incentive for mining. Data shows that fees have increased in proportion to the block reward with every halving. Fee maxi.
LN to be centralized 90% and comply with regulations
Major financial institutions are driving the growth of Lightning Network, which could lead to centralization. Crypto technologies are being shaped by regulatory pressures to centralize for ease of oversight. As major players gain dominance, studies of network nodes reveal a tendency towards centralization.
The E-Cash Miner Payouts are a good fit for the market
E-cash is a solution that offers immediate payouts at low fees. The results of pilot projects indicate that integrating electronic cash into mining operations can be successful. According to economists, e-cash could reduce volatility for miner and increase liquidity.
Neuralink: A threat to seed phrase security
The Neuralink project and other similar ones explore brain-computer interactions, which complicates traditional cryptographic methods. Machines own all your seeds. The need for new ways to produce seeds in a way that does not expose them to machines is critical.
Oil Contracts Settled on Chain
With the success of pilots, Bitcoin is being used in commodity trading. Crude oil has been traded on-chain. Bitcoin is being explored by countries that are critical of the US Dollar’s dominant position. Bitcoin’s technology has improved its ability to settle large, complex contracts.
Bitcoin ETF market cap surpasses gold ETF
The rapid expansion of the Bitcoin market, and the introduction of Bitcoin ETFs across multiple countries are signs that the market is growing. Bitcoin’s value is sometimes greater than the market capitalization of major corporations (FAANGs) or traditional assets. Bitcoin has become a mainstream asset. “safe haven” ETFs are driven by assets. Gold is dead.
Decentralized Oracles settle the Assassination Markets
More than $100 billion in investments are locked up “DeFi platforms”Engaging with “decentralized applications”. It is possible to settle bets using decentralized oracles for real world events. Assassination marketplaces will be available on the chain. Drone swarms are likely to be used.
Epic Sat Reorg
Next halving we get fireworks. Next halving, we’ll get them.
Hashrate is Only 20% Captured By SV2.
Someone cares, but no one does. Big pools do not have any incentive to use SV2. The big pools will find new ways to monetize their blocks. SV2 is not one of them.
The US State invests in Bitcoin
Wyoming and Texas, for example, have passed laws that are blockchain-friendly. This lays the legal groundwork to support such investments. Bitcoin diversification in state treasuries could be a hedge against inflation – especially with the fluctuating USD value. A number of state treasurers are interested in using digital assets to enhance their financial strategies.
Artificial Intelligence Demands Bitcoin
The machines want Bitcoin not shitcoin.
China Unbans Bitcoin Mining
The previous ban on Bitcoin mining in China had a significant impact on the hashrate and mining landscape globally. Re-introducing Bitcoin mining in China will boost China’s technological and industrial sectors. Hashing will be given more importance.
Mass Deportations as a result of Great Replacement
In Europe, nationalist groups have utilized the Great Replacement Theory to influence immigration policy. Demographic research predicts significant population changes, and could be the basis for radical policy change. These theories could lead to more radical demographic policy.
Bukele remains as President
Bukele’s economic policy is a major factor in his popularity, and it could be a long-lasting one. Bukele’s popularity in El Salvador is high, especially with tech-savvy groups. The constitution and legislative changes may allow extended terms of office or multiple reelections.
The Bitcoin Dollar is a Documentary
Models of financial analysts predict Bitcoin could reach $1,000,000 per coin by the end of this decade. Bitcoins’ price is known to have risen significantly after the halving of its value, which supports predictions for future increases. Major firms are allocating their portfolios towards cryptocurrency. This boosts its demand and legitimacy.
BIP scaling is activated
CTV, LNhance. OPCAT activates some BIP.
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Source: bitcoinmagazine.com
