Bitcoin Will Experience Mass Adoption and Be a "Digital Gold" within 5 years

Sentiments are definitely turning bullish recently for Bitcoin, ETH, and crypto, and I am certainly bullish and contributing to that sentiment. Full disclosure I am a BTC/ETH/MOON maxi now (thanks 2022). The Bitcoin halvening is coming up next year. Since Bitcoin's birth there have been multiple 4 year cycles that coincide with the halvening in which we see a surge in price approximatley 6 months after the halvening. I cannot say with any confidence it will repeat and we should not have the expectation it will repeat.

However, interest rates will hopefully decline in the next year, and overall sentiment towards crypto, at the very least Bitcoin, is changing. The SEC does not shy away from calling it a commodity, while falsely labeling other crypto as securities. Additionally, crypto regulation is slowly entering the lawmaking parties here in the US. Congress is examining various bills, and XRP just won its case against the SEC. Additionally, Blackrock, THE BIGGEST HOLDER OF ASSETS IN THE WORLD, filed for a Bitcoin ETF and after being denied upon first application they re-submitted their application almost immediately (they are 474/475 for ETF approvals).

There are several considerations fueling why I think Bitcoin will be an incredibly valuable asset within 5 years by the masses:

1. Only 21 million BTC will ever exist. That is incredibly small. For example, there are 65 million millionaires in the world. If every millionaire decided they wanted to be a OneCoiner, that is impossible. Demand in this case skyrockets.
2. Regulation surrounding crypto assets is still in its infancy in the US. What is holding some of the mainstream back is the lack of understanding and regulation surrounding crypto. If the government is skeptical of it, shouldn't I be? Yes, we all should, but Bitcoin and ETH are the safest assets to hold in crypto, and it is clear our lawmakers don't understand crypto. With time, I think we will experience more appropriate regulation, and the masses will consequently put more blind trust in Bitcoin. Demand in this case increases.
3. The halvening is approaching. BIG IF given history is not guaranteed to repeat, but if we see a bull run after the halvening like the last cycles, the psychology of bull runs and FOMO with masses trying to get their hands on crypto at the top will fuel a run for several months. Demand skyrockets in this case.
4. Blackrock gets their BTC ETF approved, and Big Banks want Bitcoin. When there is a chance to make profits, you bet your ass big banks want to yield those profits. There is some changing sentiment from banks and Blackrock's ETF is perhaps one of the best examples of it. I firmly believe with a finite, immutable asset such as Bitcoin will be highly valued like gold in the coming years. With better regulation, portfolio managers will be recommending everyone hold BTC long-term in retirement plans. Not 75% like a degenerate like myself, but 2-10% of a portfolio devoted to bitcoin. If the general population does this, demand skyrockets in this case.

Ultimately, I think there are several reasons why Bitcoin will be viewed as a significant valuable asset by the masses over time. It is finite, immutable, and has yet to be viewed by the masses in this way. Regulation and adoption by big banks (which is changing) are remaining hurdles. Time will yield the truth and we will experience mass adoption within 2 cycles, this first potentially in 2024-2025 being an entry point for many. With mass adoption the prices could look significantly different from today, and I for one am here for it.

Maybe it's a little too much hopium, but it's Friday and I am excited for Bitcoin and all of crypto, and I hope you all are too.