TechFlow news, May 18 — Cryptocurrency analyst Willy Woo stated on X that Bitcoin has long surpassed the phase seen in 2017 when it surged several times within a year. Starting in 2020, Bitcoin began institutionalization, with corporations and sovereign nations accumulating it, causing its compound annual growth rate to drop from over 100% to between 30% and 40%. As the network continues to store more capital, this compound annual growth rate is trending downward.
Bitcoin is now traded as the latest macro asset in 150 years and will continue absorbing global capital until reaching a certain "equilibrium point." Considering long-term monetary expansion is around 5% and GDP growth approximately 3%, I believe Bitcoin's final compound annual growth rate will stabilize around 8%. Reaching this "equilibrium point" may still take another 15 to 20 years. Almost no other publicly investable assets can match Bitcoin’s long-term performance.
