Part 12/14:
Looking ahead to 2050, the consensus was that Bitcoin will mature into a dominant store of value, alongside its role as a global payment layer. The natural limit of 21 million coins, combined with increasing demand from both individuals and institutions, could push Bitcoin’s price into the hundreds of trillions collectively.
Bitcoin miners, energy producers, and regional governments are expected to become increasingly integrated agents of this new financial order. Centralization concerns around hashrate are seen as temporary or manageable, given the diffuse and accessible nature of energy resources worldwide and the ongoing commodification of specialized hardware.