So, I was having a bit of a crisis, thinking I’d missed the Bitcoin boat 🚣♀️. 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 📞.
In a recent interview on the Fundstrat YouTube channel (because, of course, YouTube is where all the cool kids hang out 📹), Lee predicted that Bitcoin adoption is about to go stratospheric 🚀. He even thinks banks will start holding the cryptocurrency as collateral – yes, you read that right, banks! 🏦
“95% of investors have zero Bitcoin exposure. So, you’re still a trailblazer if you’re buying Bitcoin today 🎉. 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 🤥. There’s nothing secure anymore. We can sample your voice… 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.”
At the time of writing, Bitcoin is trading for a casual $108,845 💸, because who needs actual money when you can have cryptocurrency, right? 😂
And, if you thought that was exciting, Lee also thinks Ethereum is due for a comeback 🎉. Apparently, the increasing popularity of stablecoins (which mostly operate over the ETH network) is going to send Ethereum’s value soaring 🚀.
“Stablecoins run on Ethereum. As stablecoins explode…Ethereum is the backbone for stablecoins. So, I think Ethereum is going to make a big comeback.”
Ethereum is currently trading for $2,608, up 2.9% in the last 24 hours – not bad for a comeback kid 🤓.
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2025-07-09 18:07