Bitcoin at $200K is Inevitable — Because It Has to Be | by Chip Mahoney | The Capital | Mar, 2025
Bitcoin is no longer just a speculative asset — it’s now a necessity for the financial survival of states, institutions, and the next wave of global finance. This isn’t a game anymore. The biggest players in the world, including pension funds, sovereign entities, and billion-dollar institutions, have been forced to take Bitcoin seriously, not because they want to, but because they have no choice.
Wisconsin’s pension fund didn’t casually drop $340 million into Bitcoin ETFs because they think it’s fun. North Carolina isn’t preparing to allocate nearly $1 billion into Bitcoin reserves because they enjoy the thrill of market volatility. No, these states are doing this because they see what’s coming: Bitcoin isn’t just digital gold anymore — it’s the foundation of the next era of financial stability.
And let’s be very clear: There’s no way this experiment is allowed to fail.
If states are putting their financial futures in Bitcoin, they are making an implicit bet that Bitcoin must double from here, at a minimum. Anything less means they risk financial ruin, and no government entity will allow that. If this move doesn’t work, recovery could take decades…
