Odaily Planet Daily News Crypto analyst Willy Woo said in an article on the X platform that Bitcoin has long passed the stage of several times the annual increase in 2017. In 2020, Bitcoin began to be institutionalized, and companies and sovereign states began to increase their holdings, with the compound annual growth rate falling from more than 100% to 30 to 40%. As the network continues to store more capital, the annual compound growth rate is on a downward trend.
Bitcoin is now traded as the latest macro asset in 150 years, and it will continue to absorb global capital until it reaches a certain "equilibrium point". Considering that long-term monetary expansion is about 5% and GDP growth is 3%, I think Bitcoin's final annual compound growth rate will stabilize at around 8%. And before reaching the "equilibrium point", it may take another 15 to 20 years. There are almost no other publicly investable assets that can match Bitcoin in long-term performance.