“Hyperbitcoinization Is Happening,” Says Industry CEO
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Texas’s new Bitcoin buy has sparked industry reactions.
Pierre Rochard, CEO of The Bitcoin Bond Company, said the move shows how fast sentiment has shifted:
“We went from ‘governments will ban bitcoin’ to governments buying bitcoin.”
The state’s next target may be Ethereum, which lawmakers say could be added to the reserve if its market cap stays above $500 billion for two years. -
Maybe pay their debt instead
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Bold statement, but the adoption rate is definitely increasing fast.
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If this trend continues, mainstream integration might come sooner than expected.
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We went from ‘governments will ban bitcoin’ to governments buying bitcoin.