Pantera founder: It's completely reasonable for BTC to rise 10 times, but it's unlikely to see a 1000 times increase

ChainCatcher news, Pantera Capital founder Dan Morehead stated in a recent interview with Bankless that Bitcoin has indeed developed to a considerable scale, and we can no longer expect a 1000x growth, as that would consume all the energy on Earth.

However, a 10x increase to a market cap of $15 trillion is entirely possible compared to the global total of $500 trillion in financial assets. Dan Morehead added that he would not predict the situation 50 years from now, but within our current investment cycle, such as a 5-10 year timeframe, a 10x increase from the current position for Bitcoin is completely reasonable and would not seem crazy or overvalued.