{"id":29739,"date":"2022-09-21T22:49:47","date_gmt":"2022-09-21T22:49:47","guid":{"rendered":"http:\/\/egrowonline.com\/?p=29739"},"modified":"2022-09-21T22:49:47","modified_gmt":"2022-09-21T22:49:47","slug":"crypto-to-change-many-aspects-of-our-life-in-the-next-10-years-pantera-ceo","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=29739","title":{"rendered":"Crypto To Change Many Aspects Of Our Life In The Next 10 Years: Pantera CEO"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">The CEO of Pantera, Dan Morehead, believes that crypto will change many aspects of our life in the next ten years. During a conversation on CNBC\u2019s Squawk Box, Morehead talked about Bitcoin (BTC), cryptocurrencies, blockchain technology, and how a larger number of users could start to enter the market in the next few years.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Crypto Could Change People\u2019s Life<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Dan Morehead, the CEO of Pantera, talked about blockchain technology and cryptocurrencies, and how a larger number of investors could also create <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1572541589964169216?s=20&amp;t=-cIS07Eja6vBbxhmIZkwvA\" rel=\"noopener\"><span style=\"font-weight: 400\">increased<\/span><\/a><span style=\"font-weight: 400\"> price pressure on <a target=\"_blank\" href=\"https:\/\/usethebitcoin.com\/what-is-bitcoin-btc\/\" rel=\"noopener\">Bitcoin<\/a>, which has a limited supply.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">About it, Morehead said:<\/span><\/p>\n<blockquote>\n<p><i><span style=\"font-weight: 400\">\u201cThe important thing to keep in mind here is that crypto is such a disruptive thing that\u2019s going to change so many aspects of our lives in the next decades. Crypto is in a secular bull market and it does get caught up in these cyclical downdrafts of risks assets.\u201d<\/span><\/i><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#8220;The important thing to keep in mind is <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#crypto<\/a> is such a disruptive thing that&#8217;s going to change so many aspects of our lives in the next decade,&#8221; says <a target=\"_blank\" href=\"https:\/\/twitter.com\/dan_pantera?ref_src=twsrc%5Etfw\" rel=\"noopener\">@dan_pantera<\/a>. &#8220;We all are used to using <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#bitcoin<\/a> as a proxy for blockchain, there are hundreds of really interesting projects.&#8221; <a target=\"_blank\" href=\"https:\/\/t.co\/Bt6e1UFF6t\" rel=\"noopener\">pic.twitter.com\/Bt6e1UFF6t<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a target=\"_blank\" href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1572541589964169216?ref_src=twsrc%5Etfw\" rel=\"noopener\">September 21, 2022<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">He went on to say that he sees a world in which it might be possible for risk assets to continue struggling but with blockchain projects reaching new all-time highs based on their own fundamentals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, he said that in the next five years the crypto industry could already reach billions of people, which could cause an increase in the demand for different assets. This is something that we have seen in previous bull markets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Nevertheless, in this case, Morehead explains that blockchain and digital currencies are in a secular bull market. This is despite the fact that there could be regular bull and bear markets inside a long-term secular bull trend. In the future, with more adoption of Bitcoin and digital currencies, there could be an increased demand for these assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Let\u2019s not forget that the cryptocurrency market experienced fast growth over the last 5 years. In 2017, for example, there were thousands of projects released as Initial Coin Offerings (ICOs). However, during this bull market, there were many of these projects were not able to remain operative. Many other projects were also considered scams.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Every single bull market in the crypto industry brings new projects. However, those teams that are able to pass the bear markets are usually the ones that build the best long-term products and solutions. Therefore, it will be very important to follow the evolution of this space in the coming years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to data shared by CoinGecko, there are more than 12900 coins in the market. That means that there are thousands of projects that released a crypto token and that are currently being tracked by CoinGecko. In the future, the number of projects could continue growing, offering better solutions to crypto investors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitcoin, the largest cryptocurrency in the world, has a market capitalization of $370 billion. Meanwhile, the whole crypto market has a capitalization of $973 billion. Nevertheless, digital assets have been in a bear trend over the last few months (since November 2021). As always, the market is very volatile.<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/usethebitcoin.com\/crypto-to-change-many-aspects-of-our-life\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of Pantera, Dan Morehead, believes that crypto will change many aspects of our life in the next ten years. During a conversation on CNBC\u2019s Squawk Box, Morehead talked about Bitcoin (BTC), cryptocurrencies, blockchain technology, and how a larger number of users could start to enter the market in the next few years.\u00a0 Crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[6287,467,697,62,749,11327,1507],"class_list":["post-29739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-aspects","tag-ceo","tag-change","tag-crypto","tag-life","tag-pantera","tag-years"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/09\/BTC-Volatility.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29739"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29739\/revisions"}],"predecessor-version":[{"id":29741,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/29739\/revisions\/29741"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/29740"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29739"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}