Jason Huang, founding partner of NextGen Digital Venture, highlighted Bitcoin's potential for significant long-term growth during a discussion with Tiger Brokers on November 18. Huang noted that since the approval of Bitcoin ETFs in January 2014, Bitcoin has been recognized as a mainstream financial asset. With a fixed supply of 21 million coins, Bitcoin's market could expand considerably compared to gold's $23-25 trillion valuation. He emphasized that post-ETF approval, Bitcoin's price is increasingly driven by demand. Amid global economic instability and post-Trump tariff wars, Bitcoin, often dubbed "digital gold," has recovered faster than the Nasdaq, bolstering its appeal as a safe-haven asset. Huang remains optimistic about Bitcoin's future performance.
Bitcoin's Long-Term Growth Potential Compared to Gold's $25 Trillion Market
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