PakGazette – Dan Morehead, founder and CEO of Pantera Capital, recently shared a bold vision, to say the least, for the future of (BTC). In a world where 300 million people already use cryptocurrencies, he believes that the story of digital assets is just beginning and the number of users will grow a lot, even up to 5 billion in the next 10 years.
This type of growth could totally reshape the financial landscape, and Bitcoin, the flagship cryptocurrency, is at the center of this transformation. Morehead’s analysis points to a surprising possibility: Bitcoin’s market capitalization could reach $15 billion by 2028. That’s 10,000% growth, which may seem like a lot, but it’s actually in line with past performance. Morehead stated in an interview with Bankless.
This is not just wishful thinking, as BTC has doubled in value every year for 11 years and has continued to rise even when critics say it is overvalued. Morehead is confident that Bitcoin’s consistent performance and its role in the broader picture of technological and economic change are what drives it.
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But it’s not just about numbers. Morehead says the next 20 years will bring big changes to the cryptocurrency space. These changes are not just about valuations, but also about structural changes as blockchain technology and cryptocurrencies become more deeply integrated into global systems.
Morehead’s predictions are based on his experience in the field. In 2013, when BTC was still a new thing trading at around $65, he told investors to pay attention, and that letter to investors gained legendary status in the crypto industry.