Part 12/14:
“Bitcoin might evolve into a hybrid of a call option on future tech and a reserve asset,” they suggest, noting how technology giants like Google and Amazon serve multiple roles as platforms, investments, and call options rolled into a single entity.
Challenges and Opportunities Ahead
Despite promising prospects, several challenges remain. Regulatory hurdles, consumer adoption, infrastructure development, and price volatility pose risks. Yet, the underlying momentum—especially from institutions—provides optimism.
They emphasize the importance of making Bitcoin user-friendly for mainstream adoption, addressing the current complexities in sending, storing, and verifying transactions.