Hyperbitcoinisation is the state at which Bitcoin becomes the world's dominant form of money and thus the base asset for the entire financial system.
On the road to hyperbitcoinisation, there will be a tipping point where governments willingly or unwillingly seed power and move over to a bitcoin-based system. For many Bitcoiners, hyperbitcoinisation is inevitable. However, the path to a hyperbitcoinisation society is unclear and likely difficult.
In this interview, I talk to entrepreneur, author & speaker Gary Vaynerchuk and founder of Parallax Digital, Robert Breedlove. We discuss the government response to Bitcoin and the road to hyperbitcoinisation.