Bitwise CIO predicts BTC's speculative use will be 0% by 2050

Bitwise CIO Matt Hougan predicted that the speculative use of Bitcoin will fall from 100% in 2009 to 0% by 2050, by which time all central banks will use it as a standard reserve asset. According to U.Today, he added that while people were saying Bitcoin was dead three months ago, they are now saying gold is dead, and hinted that fiat currency is what has actually died.