Hyperbitcoinization is a state where Bitcoin becomes the world’s dominant form of money.
As more individuals and groups around the world realize the advantages of a borderless, censorship-resistant and natively digital system for transacting value, a critical mass of users will eventually fuel currency demonetization and the replacement of our world’s ingrained financial institutions and world powers with a more equitable, publicly-driven system.
Because this is such a foundational change for our world, definitions of hyperbitcoinization are wide-ranging and all-encompassing.
Bitcoin will begin to assume money’s traditional roles and gain institutional and government support. It will become all money and form the backbone of a new global economy.