"The conversation highlighted the inherent unpredictability of Bitcoin's adoption path. CZ sees potential for growth through integration with traditional payment infrastructure. Tools like crypto cards, where users pay in cryptocurrency but merchants receive fiat, allow demand to grow on the user side and lay the groundwork for more widespread adoption. Stablecoins, he noted, will also play a key role in facilitating transactions without undermining Bitcoin's investment appeal."
"CZ also offered perspective on how macroeconomic conditions and policy shifts can influence Bitcoin's trajectory. While the four-year cycle has long guided expectations for bull and bear markets, he suggested that external forces, including government monetary policies, may now have equal or greater influence. CZ even said that bitcoin and crypto may be entering a "super cycle" He pointed to potential U.S. rate cuts and quantitative easing as fact"
Changpeng Zhao referenced personal legal challenges in the United States and a presidential pardon while focusing on Bitcoin's evolving role in global finance. He described the current adoption cycle as distinct, with institutional engagement—via Bitcoin ETFs and corporate strategic reserves—supplanting earlier retail dominance. Institutional participation is bridging grassroots movements with mainstream finance and positioning Bitcoin for wider integration. Integration with traditional payment rails, such as crypto cards that let users pay in crypto while merchants receive fiat, and the use of stablecoins will expand transaction convenience and user demand. Macroeconomic policy shifts, including potential rate cuts and quantitative easing, may drive an extended "super cycle."
Read at Bitcoin Magazine
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