Famous crypto analyst Willy Wu claims that $BTC could become the perfect asset for millennia due to its decentralized nature and potential as a store of value. During a speech at the Baltic Honeybadger conference, he noted that the first cryptocurrency has unique characteristics that could compete with gold and the US dollar, given significant investments. Currently, Bitcoin's market capitalization is around $2.42 trillion, which is only 11% of gold's capitalization ($23 trillion), while the money supply of the dollar is $21.9 trillion.
At the same time, Wu warns of challenges: insufficient capital inflow, risks of corporate treasuries, and concentration of assets in ETFs and pension funds. He believes that without massive investment, Bitcoin will not realize its potential. The analyst is also concerned about possible government interventions and bubbles related to corporate debts buying BTC.
Wu emphasizes that the future of Bitcoin depends on widespread adoption and protection against centralization. His optimistic forecast inspires the crypto community but requires caution.
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