Adam Back: The world is on the verge of super Bitcoinization
Legendary crypto-punk figure and co-founder of Bitcoin infrastructure development company Blockstream, Adam Back, stated that as MicroStrategy continues to increase its BTC holdings, the world is rapidly re-pricing Bitcoin. The era of hyperbitcoinization is near. Some people have doubts about MicroStrategy's approach. However, when certain important things are mispriced, arbitrage will be carried out on them. MicroStrategy's strategy has accelerated the arbitrage for mispricing; therefore yes, it can scale up - this isn't a problem but an arbitrage against the fact that the entire fiat currency world is mispriced.
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