I expect BTC to rise a lot in 2025 as owning it becomes a badge of up-to-dateness. Thankfully, MSFT voted not to join the lemmings, but FOMO is in the air, and prices will reflect that until all the stupid money has been captured and there are no more bigger fools to exploit.

National adoption is not a thing. If you can't price things in bitcoin, it can't be used as money, even if it is "legal tender," whatever that means. How can something be legal tender for a debt denominated in some other currency? And what debts are denominated in bitcoin? Is anyone THINKING about any of this?

We HAD hard money. It obsolesced, and not because it couldn't be tracked on a blockchain. It obsolesced because the whole reason for money is to exchange credits for goods and services, so the goatherd can buy a violin from a guy who doesn't need a goat. There must be enough money to service the commerce going on without the price of the money changing significantly. That's what fractional reserve banking is about. Scene any bank-made bitcoin lately? Me neither.

But, hey, the price will rise, and money will be made. I'm using ETF collars so I'm protected with the crash comes. As J.M. Keynes, said, the market can stay irrational longer than you can stay solvent. So no timetable predictions. But someday the damage done by so much "wealth" being created in exchange for no production, and the waste of resources, including brainpower, will result in some sort of crisis, and the whole thing will go splooey.