According to the forecast of the founder of Cardano, Charles Hoskinson, in the next five years, the market capitalization of bitcoin can grow to $ 10 trillion, and it will become the second in value to the global asset after gold.
In a recent interview with David Lin), Hoskinson said that his optimistic forecast may come true, despite the volatility of the crypto market. Now the first cryptocurrency takes the seventh place among assets in terms of market capitalization – this figure in bitcoin is $ 2.24 trillion. When the capitalization of bitcoin reaches $ 10 trillion, it will surpass the largest Amazon, Google, Microsoft and Nvidia companies, Hoskinson believes.
Having reached the capitalization of $ 10 trillion, the bitcoin exchange rate will increase to $ 500,000, provided that 20 million BTC will be in circulation. In a current market year of $ 112,910, this involves an increase of 342.8%.
Hoskinson believes that decentralized applications (Defi) will be a powerful catalyst for jerking bitcoin. The introduction of smart contracts into the Bitcoin network, which, according to Hoskinson, is striving for Cardano developers, will contribute to increasing the benefits of bitcoin and its widespread widespread, the businessman is sure.
The founder of Cardano said that large companies that produce bonds for the subsequent purchase of BTC for the purpose of long -term storage were the “fair wind” for Bitcoin. Bitcoin buy sovereign funds, even the US authorities have 212,000 bitcoins, the entrepreneur admired.
Recently, Hoskinson predicted the Bitcoin course at the end of the year – in his opinion, by this time the first cryptocurrency will reach $ 250,000. This will be contributed to the appearance of laws on the regulation of stablecoins in the United States and the mitigation of the policy of the US federal reserve (FRS), which will encourage investors to pay attention to high -risk assets.
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Source: Cryptocurrency
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