CoinVoice has recently learned that Dan Morehead, founder of Pantera, stated in a recent interview that in 2013, people were worried about regulators cracking down on Bitcoin, but the situation is completely different in 2024. Bitcoin has reached "escape velocity" and will not go backward.

In 2013, media reports were mostly negative, focusing on the Silk Road incident, while ignoring the positive impacts. Although the U.S. once banned gold, there are now 50 million Americans holding cryptocurrency. Most Americans are under 40, but in the past three years, 90% of the wealth created by the monetary policies of the Federal Reserve and Congress has flowed to those aged 70 and older, which is effectively a massive transfer of wealth from the younger generation to the elderly. [Original link]