Bitcoin is a fraction of Global Assets value (Ark-Invest report)
I was reading a report from https://ark-invest.com/, which is pretty nice btw, and I saw some interesting charts.
They also pointed out how bitcoin is taking some share as a global settlement network. The global volume transferred is higher than Visa in 2021:
They are estimating about 1 million per BTC by 2030. I don't like to think about this number, but I would like to show how they are thinking about it.
They believe bitcoin (and blockchain technologies) have significant appreciation potential. I found this image very nice:
And this is how they are "calculating" that estimation. I think some of those numbers are really interesting and make sense.
For example, 1% of Nation-State Tresuries, 5% of cash each SP500 company, becoming 10% of emerging markets currency..
Even if 2/3 of those estimations do not happen, bitcoin price will still be ~300k USD by 2030.
They also think DEFI is very promising. I think this image is the a very explanation how bitcoin fits in this ecosystem:
They also pointed out how bitcoin is taking some share as a global settlement network. The global volume transferred is higher than Visa in 2021:
They are estimating about 1 million per BTC by 2030. I don't like to think about this number, but I would like to show how they are thinking about it.
They believe bitcoin (and blockchain technologies) have significant appreciation potential. I found this image very nice:
And this is how they are "calculating" that estimation. I think some of those numbers are really interesting and make sense.
For example, 1% of Nation-State Tresuries, 5% of cash each SP500 company, becoming 10% of emerging markets currency..
Even if 2/3 of those estimations do not happen, bitcoin price will still be ~300k USD by 2030.
They also think DEFI is very promising. I think this image is the a very explanation how bitcoin fits in this ecosystem: