So, I was having a bit of a crisis, thinking I’d missed the Bitcoin boat ๐ฃโโ๏ธ. But, thankfully, Tom Lee from Fundstrat has put my mind at ease. Apparently, we’re still in the ‘earliest days’ of Bitcoin adoption – think the Internet in 1996, dial-up and all that jazz ๐.
In a recent interview on the Fundstrat YouTube channel (because, of course, YouTube is where all the cool kids hang out ๐น), Lee predicted that Bitcoin adoption is about to go stratospheric ๐. He even thinks banks will start holding the cryptocurrency as collateral – yes, you read that right, banks! ๐ฆ
โ95% of investors have zero Bitcoin exposure. So, you’re still a trailblazer if you’re buying Bitcoin today ๐. If you look at Bitcoin wallets, comparing it to the Internet, we’re back to 1996 levels. The Internet went exponential from 1996. So, it’s still the earliest days.
I think Bitcoin is very useful, because in the future we’re not going to be able to trust anything ๐คฅ. There’s nothing secure anymore. We can sample your voiceโฆ You’ll never know what’s true anymore. You need to be able to trust a system. The Bitcoin blockchain is the most trusted blockchain, and that’s why the United States wants to have a million Bitcoin, US companies are buying Bitcoin [and] banks will soon carry Bitcoin as collateral.โ
At the time of writing, Bitcoin is trading for a casual $108,845 ๐ธ, because who needs actual money when you can have cryptocurrency, right? ๐
And, if you thought that was exciting, Lee also thinks Ethereum is due for a comeback ๐. Apparently, the increasing popularity of stablecoins (which mostly operate over the ETH network) is going to send Ethereum’s value soaring ๐.
โStablecoins run on Ethereum. As stablecoins explodeโฆEthereum is the backbone for stablecoins. So, I think Ethereum is going to make a big comeback.โ
Ethereum is currently trading for $2,608, up 2.9% in the last 24 hours – not bad for a comeback kid ๐ค.
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2025-07-09 18:07