TechFlow news, October 24 — CryptoQuant CEO Ki Young Ju posted on X platform indicating that Bitcoin is likely to fulfill its role as "money" around 2030. Data shows that Bitcoin mining difficulty, a measure of competitive intensity, has surged by 378% over the past three years, continuously reaching record highs.
Ki Young Ju noted that compared to 2009 when an individual PC could mine 50 BTC, Bitcoin mining has now evolved into an industry dominated by large-scale mining firms backed by institutional investors, significantly raising the barrier for individual miners. As institutional participation increases and entry barriers rise, Bitcoin's volatility is expected to decrease, weakening its investment appeal. Meanwhile, with companies like Stripe entering stablecoin infrastructure, major fintech firms are expected to drive widespread adoption of stablecoins within three years.
Ki Young Ju believes that by the next halving event in April 2028, as volatility declines further and the ecosystem matures, Bitcoin’s potential as a low-volatility "currency" will begin to be taken seriously in discussions.
