No Predictions for 2025; Rather, These Are My Hopes.

We continue to see mainstream Bitcoin adoption here in the United States. Bitcoin companies continue to innovate and create products that meet investors where their needs are today. I think our best hopes lie in the ETF markets as well as funds that invest in companies that prioritize Bitcoin as a treasury asset. The latter could enhance how most companies view their business model, actually empowering their balance sheets for future growth. Today, balance sheets mostly fuel growth via capital expenditure and M&A. Bitcoin provides a third option that I believe will force companies to better measure the true ROI of their historical uses of capital, allocating it only where outsized growth is anticipated.

I hope that our next administration promotes Bitcoin with sufficient education for the American people on the fundamental reasons for its promotion: that Bitcoin is a digital monetary protocol that preserves its value over time, and why that should be important to the American people.

While I hope they have some success with creating an SBR, my real hope is that they ensure the right to self-custody is preserved and, even more importantly, that Bitcoin is seen as money (not just capital) and its tax treatment is revisited to improve its use as a convenient tool for money transmission.

In the administration's support, I hope Bitcoin is communicated as having separate and distinct properties from whatever "shitcoinery" they want to involve themselves in. When that all implodes, I do not want the baby to be thrown out with the bath water.

My biggest hope by far for 2025 is that the Bitcoin community and these burgeoning new "Bitcoin leaders" pay homage to Bitcoin's creator and the cypherpunks who cultivated this indestructible monetary protocol, celebrating what Bitcoin can truly offer the world: an uncensorable, unconfiscatable, decentralized, scarce money that can be used to help first-world citizens maintain wealth while freeing three-quarters of the world living under authoritarian regimes and/or hyper-inflationary environments from an effective economic slavery.