Contemporary Artists watch Bitcoin go from Obscurity to the 9th Most Valuable Asset in the world

Continued interest Contemporary Creatives have for the evolving shift from CeFi to DeFi market.

**Bitcoin: From Obscurity to the 9th Most Valuable Asset**

Continued interest Contemporary Artist Theriault & Creatives have for the evolving shift from CeFi to DeFi market.
Continued interest Contemporary Creatives have for the evolving shift from CeFi to DeFi market.

In a mere 14 years since its inception,since then Bitcoin has skyrocketed to become the 9th most valuable asset globally. Initially dismissed as an artist  fringe curiosity, this decentralized digital DeFi currency has defied expectations, challenging traditional notions of CeFi wealth and finance. As we gaze into the near future, it’s poised to surpass giants like silver, Google, Amazon, Apple, and Microsoft in terms of value. Something that has never been done before, since it is indeed the most secure form of money ever created, as the mainstream news media sleeps.

*Challenging Gold’s Reign in it`s  new and innovative remarkable Ascent*

The trajectory doesn’t stop there. Within the next 6 to 10 years, the coin is projected to dethrone gold as the most valuable asset worldwide. Currently valued at $14.6 trillion, the potential ascent of Bitcoin to this pinnacle implies an astonishing individual value of $740,000 per coin. This projection hinges on this fundamental design, with its maximum supply forever capped at 21 million coins. However, with an estimated 7 million lost to inaccessible wallets, the circulating supply may ultimately dwindle to a mere 14 million, further enhancing its scarcity.

*The Unparalleled Rarity Artist know so well*

Continued interest Contemporary Creatives have for the evolving shift from CeFi to DeFi market.

It’s allure lies in its unparalleled rarity. Unlike traditional currencies subject to manipulation by governments or central banks, Bitcoin operates autonomously. It stands as the hardest, scarcest form of money humanity has ever known, transcending the control of any single entity.

This intrinsic scarcity underscores its value proposition, attracting investors seeking a hedge against inflation and fiat currency debasement. It is also the baseline  upon which thousands of up and coming new altcoins snter the crypto currency sphere. A rise or fall of its value always influences the value of the conteneding Altcoins

*The Inevitable Trajectory*

Why the optimism for Bitcoin’s future? The answer lies in the global economic landscape. Faced with ballooning debts and fiscal challenges, governments are left with stark choices: default or currency debasement. History has shown that the latter tends to be the preferred path, as printing money becomes the expedient solution to financial woes. In this context, Bitcoin emerges as a beacon of stability amidst fiat currency volatility.

*The Self-Fulfilling Prophecy*

A virtuous cycle is underway, fueled by increasing adoption worldwide. Individuals, disillusioned by the er, drawing more participants into the ecosystem. Should this trend persist, Bitcoin’s price trajectory seems destined to reach $1,000,000 by 2030 and a staggering $4,600,000 by 2040. Hence the reason self reresenting Contemporary Artist are so keen on it as a form of currency they seek to earn in exchange for their intellectual property as they see a daily erosion of their purchasing power with CeFi money. Hence the reason why they are flocking to Bitcoin as a store of value. This surge in demand further propels its price upwards into the new world oeder of things these days.

*The Game Theory of Finance*

Continued interest Contemporary Creatives have for the evolving shift from CeFi to DeFi asset market.
Continued interest Contemporary Creatives have for the evolving shift from CeFi to DeFi market.

At its core, it embodies game theory on a global scale. Governments resort to currency debasement to shore up their finances, but this action only fuels the demand for alternative stores of value like Bitcoin. As the public increasingly perceives fiat currency as “garbage,” the appeal of the coin as a tangible asset grows exponentially.

*The Elite Few*

In this evolving landscape, owning just one full Bitcoin could soon equate in DeFi to being a “cash millionaire” in the realm of DeFi.  With less than 300,000 individuals projected to possess at least one Bitcoin in a global population of billions, the exclusivity of  ownership becomes apparent. This elite cadre stands to benefit from the wealth transfer of the digital age, positioning themselves at the vanguard of a financial revolution.

As it continues its ascent, it challenges conventional notions of wealth and power. What began as an experiment in digital currency has evolved into a global phenomenon, reshaping the contours of the financial landscape. In the journey ahead, the trajectory of the coin  seems set to redefine the very concept of value, NFT artists see it  ushering in a new era of self representing  monetary sovereignty for individuals worldwide.

Claude Theriault

Claude Theriault

Multidisciplined Contemporary artist and NFT creator and AI generalist with Android Sales Bot Building Agency: Providing value to liberal, forward-thinking clients