Dan Morehead – Pantera Capital’s chief asset manager – thinks there may be a lot of trouble in the financial sector in the coming years, but the digital asset industry won’t be one of them.
The executives argued that the crypto bull market is coming, as blockchain technology will be used by billions of people in the next few years.
ingive an interviewWith CNBC, Morehead saw that cryptocurrencies It will be very popular in the near future. Because of the advantages that they can give to the financial network.
“It is important to keep in mind that crypto is a disruption that will change many aspects of our lives over the next decade,” he said.
Additionally, the CEO of Pantera Capital predicts that billions of consumers will use blockchain technology in the coming years, which will increase the value of digital assets.
“The digital asset industry will return to an all-time high based on its fundamentals. while other risky assets may continue to struggle.”
At the end of the interview, Morehead argued that people are paying too much attention to the main digital assets despite the protocol. Many other cryptocurrencies are equally important.
“We are all used to bitcoin, but there are hundreds of interesting projects.”
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