U.Today – Dan Moorhead, founder and managing director 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 that the number of users will grow a lot, even to 5 billion in the next 10 years.
This kind of growth could reshape the entire financial landscape, and Bitcoin, the leading digital currency, is at the center of this transformation. Moorhead's analysis points to one startling possibility: Bitcoin's market cap could reach $15 billion by 2028. That's 10,000% growth, which may sound like a lot, but it's actually in line with past performance, Moorhead announced in an interview with Bankless.
This isn't just wishful thinking, as BTC has doubled in value every year for 11 years, and has continued to rise even as critics say it is overvalued. Moorhead is confident that Bitcoin's consistent performance and role in the bigger picture of technological and economic change is what drives it.
It's still early
But it's not just about numbers. Moorhead says that the next 20 years will bring big changes to the cryptocurrency space. These changes are not only about valuations, but also about structural shifts as blockchain technology and cryptocurrencies become more deeply integrated into global systems.
Moorhead's predictions are based on his experience in the field. In 2013, when Bitcoin was still a novelty trading at around $65, he told investors to take notice, and that message to investors has gained legendary status in the cryptocurrency industry.
