Pantera founder: Another 10-fold increase in BTC is entirely reasonable, but unlikely to see a 1000-fold increase
According to online reports, Dan Morehead, founder of Pantera Capital, said in a recent interview with Bankless that Bitcoin has indeed grown to a considerable scale, and we will not be able to see a 1000-fold growth because that would consume all the energy on the planet. However, it is entirely possible to increase 10 times to a market value of US$15 trillion, compared with the world's total financial assets of US$500 trillion. Dan Morehead added that he wouldn't predict what would happen in 50 years, but in our current investment cycle, such as a 5-10-year time frame, it would be entirely reasonable for Bitcoin to rise 10 times from its current position without appearing crazy or overvalued.
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