Can Bitcoin Join the Trillion-Dollar Club in 5 Years?
Bitcoin's (CRYPTO: BTC) undoubtedly one of the best financial assets to have owned in the past decade, as its price has shot up about 20,000% since September 2013. That translates to a ridiculous compound annual growth rate (CAGR) of 70%, which trounces what investors in the stock market would have been able to achieve.
But what does the future hold? Can the world's most valuable cryptocurrency join the trillion-dollar club in the next five years? Here are some reasons why I believe Bitcoin's market cap essentially doubling by 2028 is a very real possibility.
What's unique about Bitcoin is that its early adoption was solely by individuals, primarily by computer scientists who were intrigued by this new internet money. Only in the past few years has it started to draw greater interest from institutions.
Source Fool.com
