Pantera founder: It is completely reasonable for BTC to rise 10 times again, but it is unlikely to see a 1,000-fold increase

Dan Morehead, the founder of Pantera Capital, said in a recent interview with Bankless that Bitcoin has indeed developed to a considerable scale and we cannot expect to see a 1000-fold growth anymore, as that would consume all the energy on earth. However, it is completely possible for Bitcoin to rise another 10 times to reach a market value of $15 trillion, compared to the total global financial assets of $500 trillion. 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 time frame, it is completely reasonable for Bitcoin to rise another 10 times from its current position, without appearing crazy or overvalued.