Willy Woo: Bitcoin Still Has Upside Potential, Compound Annual Growth Rate Expected to Stay at 8% for 15 to 20 Years

BlockBeats News, May 18, Renowned cryptocurrency analyst Willy Woo stated in a social media post that "Bitcoin has long passed the phase of experiencing several-fold annual growth rates as it did in 2017. 2020 was a key year for Bitcoin's 'institutionalization,' with corporations and sovereign entities beginning to accumulate Bitcoin. The compound annual growth rate has dropped from over 100% to 30 to 40%. Bitcoin is now being traded as the newest macro asset in 150 years, and it will continue to absorb global capital until it reaches a certain 'equilibrium point'."

Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I believe Bitcoin's ultimate annual compound growth rate will stabilize at around 8%. However, it may take another 15 to 20 years to reach the 'equilibrium point.' There is hardly any other publicly investable asset that can rival Bitcoin in long-term performance.