Dan Morehead, founder and managing director of Pantera Capital, envisions a future where Bitcoin's market capitalization reaches $15 trillion by 2028, driven by the growing adoption of cryptocurrencies globally.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.Dan Morehead, the founder and managing director of Pantera Capital, recently shared a bold vision for the future of cryptocurrency. In a world where 300 million people already use cryptocurrency, he thinks the digital asset story is just beginning and the number of users is going to grow a lot, by even to 5 billion in the next 10 years. Bitcoin, the flagship cryptocurrency, is at the center of this transformation. Morehead's analysis points to one striking possibility: Bitcoin's market capitalization could hit $15 trillion by 2028. That is 10,000% growth, which might seem like a lot, but it is actually in line with past performance, declared Morehead in an interview.This is not just wishful thinking as BTC has been doubling in value every year for 11 years, and it has kept going up even as critics say it is overvalued. Morehead is confident that Bitcoin's steady performance and its role in the bigger picture of tech and economic change are what's driving it.But it is not just about the numbers. Morehead says that the next 20 years will bring big changes to the cryptocurrency space. These changes are not just about valuations, but also structural shifts as blockchain technology and cryptocurrencies become more deeply integrated into global system
Bitcoin Cryptocurrency Market Cap Dan Morehead Pantera Capital
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