Raoul Pal Predicts 100X Growth For Crypto Industry Within A Decade

Raoul Pal, the CEO of Real Vision, believes that crypto will become historically the fastest-growing asset class.

In an interview with Bankless Brasil, Pal made an estimate that crypto market cap could soar 100x within the next ten years.

At the time of writing Crypto overall market cap is sitting at about $2.08 trillion.

“If I look at all the other asset classes around the world – equities, bonds, real estate – they’re all between $250-$350 trillion.

If I look at the total derivatives market, it’s $1 quadrillion. I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here, which would be the largest growth of any asset class in all of history in the shortest period of time.

That will pretty much dovetail in with the idea that 3.5 billion people are using it – that’s just extrapolating the growth numbers of the network.

So if [the crypto market has] 3.5 billion users in 2030, well the market cap’s going to be something like $250 trillion. It’s straightforward with just using network adoption models.” 

Pal believes that increasing global crypto regulation less of a risk for large cryptos but is a massive risk for smaller, riskier altcoins.

“I don’t know the format of where we go.

Whether we keep that log trend and keep hitting the bottom a sharp selloff down 50% and back up again, or whether we trend sideways for a year. I think we’ll see both types of those price actions.”