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Pantera founder: Another 10-fold increase in BTC is completely reasonable, but it is unlikely to see a 1,000-fold increase

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2024-12-26 11:45:56
In a recent interview with Bankless, Dan Morehead, founder of Pantera Capital, said that Bitcoin has indeed grown to a considerable scale, and we can't see another 1000-fold increase, because that would consume all the energy on the planet. But another 10-fold increase to a market cap of $15 trillion is entirely possible, compared to the total amount of financial assets in the world of $500 trillion. Dan Morehead added that he would not predict the situation in 50 years, but in our current investment cycle, such as a 5-10 year time frame, it is completely reasonable for Bitcoin to rise 10 times from its current position, and it will not appear crazy or overvalued.
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