PANews reported on May 18 that Willy Woo, a well-known cryptocurrency analyst, wrote on the X platform that "Bitcoin has long passed the stage of several times the annual growth in 2017. 2020 is a key year for Bitcoin to achieve institutionalization. Companies and sovereign institutions began to hoard Bitcoin, and the compound annual growth rate dropped from more than 100% to 30 to 40%. Bitcoin is now traded as the latest macro asset in 150 years. It will continue to absorb global capital until it reaches a certain equilibrium point. Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I think Bitcoin's final annual compound growth rate will stabilize at around 8%. It may take another 15 to 20 years before reaching the equilibrium point. There are almost no other publicly investable assets that can match Bitcoin in long-term performance."
Analyst: Bitcoin's compound annual growth rate may stabilize at 8% in 15-20 years
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Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
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