According to Odaily, billionaire Chamath Palihapitiya has suggested that it would be wise for some countries to adopt Bitcoin in conjunction with their national currencies. Palihapitiya shared a chart regarding the trend of Bitcoin after halving. If Bitcoin repeats the performance of its previous market cycle, the price of BTC could potentially skyrocket to nearly $500,000 by October 2025.

This statement by Palihapitiya indicates a strong belief in the potential of Bitcoin and its role in the global economy. The billionaire's suggestion for countries to adopt Bitcoin alongside their national currencies could be seen as a strategic move to hedge against potential economic instability.

The chart shared by Palihapitiya shows a potential future for Bitcoin if it follows the same trajectory as its previous market cycle. This prediction, if it comes to fruition, would mark a significant milestone for the cryptocurrency, potentially solidifying its place in the global financial system. However, it's important to note that this is a prediction and the actual outcome may vary.