Parker Lewis claims Bitcoin could process all global payments

Parker Lewis, author of “Gradually, Then Suddenly,” has argued that Bitcoin is poised to eventually settle all global payments. In a recent interview, Lewis pointed to the increasing burdens on the credit system, citing $107 trillion in global debt, and outlined how these factors could accelerate Bitcoin adoption for payment settlement. Lewis explained that major bank closures in 2023 convinced him the payments infrastructure is Bitcoin’s most vital role, rather than custody or reserve functions. He noted that the banking instability showcased vulnerabilities in traditional finance and made decentralized alternatives more attractive to individuals and businesses alike. Discussing merchant adoption, Lewis highlighted that businesses can bypass traditional card networks by accepting Bitcoin directly.

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