Bitcoin Rockets Past $100K: Welcome to Phase 2 of Bitcoin
The next question: Where do we go from here?
Thirteen years ago, Bitcoin hit $1. Last week, it crossed the $100,000 milestone, a number that, while technically arbitrary, holds enormous psychological significance. Humans and markets alike are drawn to round numbers, and $100K is a powerful symbol. It’s a barrier broken, and with it, a flood of new participants will likely enter the market. The next question: Where do we go from here? $1M per Bitcoin feels inevitable, just like $1, $1K, $10K, and $100K were before it.
Why? The answer lies in the story of money. Fiat currencies, backed by nothing have been in steady decline. When politicians have the power to print unlimited money, they will, eroding purchasing power with each passing year. Central banks worldwide have run deficits for decades, relying on money printing to paper over the cracks. Bitcoin is the antidote: a scarce, decentralized asset immune to manipulation. It is, and will continue to be, the most reliable store of value.
But this milestone also signals a new chapter: Phase 2. The journey from $0 to $100K was driven by cypherpunks, computer geeks, visionaries, and risk-takers who believed in Bitcoin when the world didn’t. They were ridiculed, dismissed, and called crazy. Now, the tide is turning. Phase 2 will be driven by institutional adoption, ETFs, corporations adding Bitcoin to their balance sheets (like MicroStrategy), and sovereign wealth funds. It’s game theory in action: no one can afford to stay out of the race.
For individual investors, this shift makes it harder than ever to own an entire Bitcoin. But that’s okay. Each Bitcoin is divisible into 100 million satoshis, or “sats,” which will likely become the new standard.
The Bitcoin story is far from over. If $100K was phase 1, phase 2 is just getting started. Buckle up, it’s going to be one hell of a ride.
