In 2050, bitcoin could account for 10% of international trade and 5% of local trade, making it a reserve asset for central banks
2024-07-26 00:49:26
According to a report by asset management firm VanEck, Bitcoin could account for 10% of international trade and 5% of local trade and become a central bank reserve asset by 2050. The company said that the Bitcoin second-layer network will play a key role in overcoming scaling issues and allowing BTC to be used as a medium of exchange. But the report also pointed out that there are certain risks to Bitcoin's growth, including rising energy demand, joint government crackdowns, and competition with other digital assets.
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