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Crypto has been booming these days, and there are all kinds of optimistic predictions that pop up regularly in the crypto space.
Raoul Pal of Real Vision also has something interesting to say about crypto in general, and you should take a look at his words below.
Crypto to create the largest generation of wealth
He believes that the crypto’s overall market cap still has a gigantic amount of room to grow.
Pal said in a new interview with Anthony Pompliano that the crypto market is growing at a faster rate than the internet did.
“I’ve just got a chart of adoption of the internet, and crypto matches it beautifully, except the internet was growing 63% a year when it had 150 million users, which crypto has now,” he said.
“So it was growing at 63% a year [and] crypto is growing at 113%, so this is double the adoption rate of the fastest adoption of technology in all recorded history,” he explained.
He continued and pointed out the following fact:
“We’ve never seen anything like this. Extrapolate the math, you get out to 1 billion people by 2024. So this is going to happen really, really fast. By the end of the decade, you’re probably at 3.5-4 billion people, so most of the world.”
As reported by the online publication the Daily Hodl, he also noted that the crypto market cap will go up by 100 times.
Earlier today, we revealed that Bitcoin managed to smash through $55k once again.
At the moment of writing this article, BTC is trading in the green and the king coin is priced at $54,683.66.
Anthony Pompliano said that the massive FOMO that we’ll see in this Q4 will be something huge.
“You’ve never seen FOMO like bitcoin Q4 bull run FOMO,” he said triggering massive enthusiasm among crypto fans.
Stay tuned for more news.