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