5min chapter

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Bitcoin’s BRC-20 Mania: Is It Sustainable? - Ep. 493

Unchained

CHAPTER

Bitcoin's Adoption Cycle Is Due to Speculative Fervor

Trevor Carter: Bitcoin's entire adoption cycle in 13, 17, and 2021 was due to speculative fervor. He says people inherently are speculative and they want to use blockchain technology for speculative purposes. In the bull market, you've got this huge surge of interest because Bitcoin is being used as a payment method," he says. "And so ordinals, digital art, inscriptions, BRC20s, provide new ways for people to store value"

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