Macro guru Raoul Pal revealed the fact that crypto is evolving and growing much faster than the Internet. He also revealed a new valuation model for BTC, ETH, and XRP among other important coins.
Check out the latest important reports that are revealed by Pal.
Crypto vs the InternetCrypto assets are growing at a far faster pace compared to the internet, according to macroeconomic expert Raoul Pal.
The founder of Real Vision and Global Macro Investor says he’s spent extensive time and resources updating his numbers on global crypto adoption – and the data is clear, according to him. It’s worth noting the fact that this was one of the most important goals that the crypto industry set and things have been going great despite the world problems.
“2021 was an accelerating growth year and the Reed’s Law effect of networks built upon networks creating even more exponentiality is clear. But year six after the first five million users, crypto has 295 million participants and the internet had 119 million.”
He continued and said this:
“Crypto is growing at 137% a year while the internet grew at 76%. As I always say, this is the fastest adoption of technology the world has ever seen.”
Pal’s new numbers are based on data from Crypto.com, the World Bank, and Global Macro Investor itself.
He made sure to explain the fact that even if the growth of the crypto economy slows to the same pace that the internet expanded, the crypto industry is heading to a staggering 5 billion users by 2030.
“Using the 76% growth rate (suggesting a near halving of network growth as network matures), we now get to 5 billion users by 2030.”
He also said this:
“I.E. it becomes THE dominant source of owning, transferring and recording value and contractual terms global. Wow!”
The crypto market has been seeing some price corrections lately but this is not stopping optimistic predicitons from popping up.
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