“The revolutionary technology known as the blockchain and the underlying tokens and companies have individual investors and institutions excited. The industry as a whole could easily go to $4 trln, $40 trln is definitely possible … It’s the ten year forecast, it’s not going to happen overnight.”
– Pantera Capital CEO Dan Moorehead
How Blockchain Could Transform Every Industry
Don Tapscott has conducted decades of research into the role of technology in business and society and is the author of the best-selling book ‘Blockchain Revolution’.
Don Tapscott is also co-founder of the blockchain Research Institute and explains simply how blockchain will transform every industry, in every part of the world.
How Big Could This Innovative Technology (Blockchain) Be?
The World Economic Forum report predicts that by 2025 10% of GDP will be stored on blockchains or blockchain related technology. This means it’s probably something which everyone involved in business should take notice of. Obviously the potential here is limitless.
Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value.
An immutable, unhackable distributed database of digital assets. This is a platform for truth and it’s a platform for trust. The implications are staggering, not just for the financial-services industry but also right across virtually every aspect of society. You pick any industry, and this technology holds huge potential to disrupt it.
“You’ve got all the smartest venture capitalists, the smartest programmers, the smartest business executives, the smartest people in banking, the smartest government of people, the smartest entrepreneurs all over it. Blockchain technology is powering our future. As the technology behind cryptocurrencies like bitcoin, open software platforms like Ethereum, and disruptive companies like Ripple, it’s too important to ignore.”
The Blockchain is One of the Most Fundamental Inventions in the History of Computer Science
“We are in the infancy of possibly the greatest technological revolution that we will see in our lifetime. Blockchain Technology has the potential to disrupt just about every industry as we know them today. It’s infinite use cases make it’s potential limitless.”
As Bitcoin becomes more scarce and as investor interest continues to grow we could see the price of Bitcoin skyrocket. A recent Thompson Reuters survey shows 1 in 5 investment firms are said to be considering trading cryptocurrency.
JP Morgan and several banks are scrambling to keep up after Goldman Sachs announced that it is setting up it’s own crypto trading desk, and just this week the Nasdaq CEO Blesses Cryptocurrency, as Investors See Bigger Future For Bitcoin & cryptocurrencies.
Several sources have stated that there is a wall of institutional capital waiting to enter the cryptocurrency markets. George Soros has announced his plan to trade cryptocurrency around the same time the Rothchilds & Rockefellers announced they would soon be trading digital assets.
Get Access to the Top Performing Funds Investing in Blockchain Technology & Cryptocurrency
Cryptocurrency Market Cap
“There is 200 Trillion dollars tied up in stocks, bonds, gold & cash. I am not excited about putting my money into any of those 4 options right now. If 2% of that 200 Trillion finds it’s way into cryptocurrencies over the next 10 years you’d be looking at a 4 Trillion dollar Valuation. 10X what it is today.”
More Investors Beginning to Take Cryptocurrencies Seriously For Portfolio Diversification
There has been a fundamental shift in the types of investors interested in Bitcoin. For the last few years, it’s mostly been ultra high-net-worth individuals, family offices and smaller institutions or tech-type investors who can more easily wrap their head around Bitcoin.
The revolutionary nature of blockchain technology coupled with it’s potentially infinite use cases have investors extremely excited. After the market correction, investors are clamoring at the chance of getting in on the action after hearing stories of some cryptocurrency hedge funds earning 82,000% in 2017.
“What we’re starting to experience now is unprecedented interest from the financial advisor community as they are seeing a tremendous increase in the fielding of questions and inquiries from their clients and their clients’ children and relatives about Bitcoin — should this be something that they are looking at to invest?”
As previously mentioned, there has been a huge uptake in institutional interest due to heavy-hitting financial institutions investing in this space.
“When people start seeing the Visas and MasterCards and the American Expresses of the world beginning to get involved with Bitcoin and blockchain technology, it suddenly wakes up in a lot of people that this is something they too should be looking at,”
In addition, people who have been affected by global market gyrations in China or Greece are turning to digital currency as another portfolio diversifier.
How To Invest in Cryptocurrency & Blockchain Technology
Professionally Managed Crypto Funds
Cryptocurrency and blockchain technology have become incredibly popular amongst individual and institutional investors across the globe.
Many have been leaning more towards investing in hedge funds relating to the cryptocurrency industry instead of the individual cryptocurrencies.
Given how many new crypto-millionaires were minted in 2017, complete newbies and others with little understanding of the technology or investment experience rushed in to capitalize. Many have started funds with Bitcoin and other cryptocurrencies at or near all-time highs.
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