In August of 2020, Morgan Creek co-founder Anthony Pompliano stated that Bitcoin could potentially surpass gold in terms of market capitalization in the future.
At that time, BTC’s market cap was $227 billion compared to gold’s $8 trillion. Pompliano has recently reiterated his belief in this potential.
He has pointed out that over the past four years, since the last halving, the value of BTC has significantly increased.
Since 2020, the price of BTC has risen from $8,000 to $63,000. This has proven many experts wrong who have predicted the downfall of Bitcoin. However, it’s important to keep in mind that BTC is a long-term investment. According to Pompliano, Wall Street is gradually shifting towards digital assets.
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