Dan Morehead, founder of Pantera Capital, likens early Bitcoin investment to buying gold in ancient times. His Pantera Bitcoin Fund, launched in 2013, has soared over 130,000% since its initial Bitcoin purchase at $74. Morehead believes Bitcoin has achieved "escape velocity," with 300 million global owners and 5% of financial wealth now exposed to it. He predicts Bitcoin could become a $15 trillion asset, potentially reaching $740,000 by 2028. Despite past challenges, including a significant crash in 2013, Morehead remains optimistic about Bitcoin's future growth.
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