Type to search

Bitcoin

Dan Morehead: Bitcoin to disrupt at least 50 industries

Share

Pantera Capital’s Founder & CEO, Dan Morehead, in an interview asserted that Bitcoin has the potential to disrupt at least 50 industries. Some of the industries which Bitcoin can disrupt include voting rights, cross-border money movement, electronic payments, remittance, identity, and more.

According to Dan, there are currently 200 currencies in the world, and Bitcoin has the potential to become the 201st. Dan also notes that Bitcoin has the potential to become the world’s first truly global currency.

“Bitcoin is meant to be used by regular folks. Big financial industry stalwarts, specifically Wall Street crowd don’t much like it. Age divide is one of the reasons, as millennials tend to understand BTC with ease, due to their familiarity with new technologies.”

Morehead sees Bitcoins’ potential in emerging economies such as Africa where the regular banking services aren’t mature.

“One example of this is Africa, where BTC is extremely useful, while the regular banking systems are difficult and expensive. There are only 2 banks that can move money in and out of Africa, which is why the cost of remittance climbed up to 12%.”, says Morehead.

Pantera Capital was founded in 2013 by Dan Morehead as an investment fund. Currently, Pantera is one of the largest VC focussed on blockchain investments in the world. Some of their investment includes ABRA, Bakkt, Ripple, ICON, etc.

Join Bitxmi Exchange

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He is the founder of popular blockchain media - Blockmanity. He trades cryptocurrencies and holds some but he prefers holding Bitcoin.

  • 1

Leave a Comment

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By : XYZScripts.com
bitcoin
Bitcoin (BTC) $ 36,313.00 0.13%
ethereum
Ethereum (ETH) $ 1,404.96 12.23%
tether
Tether (USDT) $ 1.00 0.14%
polkadot
Polkadot (DOT) $ 16.32 0.33%
ripple
XRP (XRP) $ 0.296209 4.60%
cardano
Cardano (ADA) $ 0.373339 0.29%
litecoin
Litecoin (LTC) $ 155.61 3.41%
bitcoin-cash
Bitcoin Cash (BCH) $ 516.68 2.45%
chainlink
Chainlink (LINK) $ 21.00 3.08%
stellar
Stellar (XLM) $ 0.300224 0.45%
binancecoin
Binance Coin (BNB) $ 42.55 6.07%
usd-coin
USD Coin (USDC) $ 1.00 0.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 36,330.00 0.37%
bitcoin-cash-sv
Bitcoin SV (BSV) $ 205.60 0.55%
monero
Monero (XMR) $ 159.03 2.47%
eos
EOS (EOS) $ 2.82 1.04%
aave
Aave (AAVE) $ 191.29 7.42%
tezos
Tezos (XTZ) $ 2.94 2.03%
tron
TRON (TRX) $ 0.030979 1.12%
nem
NEM (XEM) $ 0.245808 1.71%
cosmos
Cosmos (ATOM) $ 9.20 7.67%
havven
Synthetix Network Token (SNX) $ 15.47 0.35%
theta-token
Theta Network (THETA) $ 2.03 0.30%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.087590 4.00%
vechain
VeChain (VET) $ 0.029712 3.74%
uniswap
Uniswap (UNI) $ 8.87 6.28%
neo
NEO (NEO) $ 26.76 3.18%
celsius-degree-token
Celsius Network (CEL) $ 4.73 0.47%
okb
OKB (OKB) $ 6.11 8.32%
compound-ether
cETH (CETH) $ 28.15 12.13%
compound-usd-coin
cUSDC (CUSDC) $ 0.021486 0.58%
dai
Dai (DAI) $ 1.00 0.01%
leo-token
LEO Token (LEO) $ 1.40 0.46%
iota
IOTA (MIOTA) $ 0.480601 1.83%
maker
Maker (MKR) $ 1,436.77 1.16%
dash
Dash (DASH) $ 126.56 2.16%
dogecoin
Dogecoin (DOGE) $ 0.009131 0.16%
binance-usd
Binance USD (BUSD) $ 1.00 0.44%
huobi-token
Huobi Token (HT) $ 5.81 1.97%
zcash
Zcash (ZEC) $ 103.77 0.76%
yearn-finance
yearn.finance (YFI) $ 35,325.00 6.00%
filecoin
Filecoin (FIL) $ 22.79 3.94%
solana
Solana (SOL) $ 3.72 1.61%
ftx-token
FTX Token (FTT) $ 10.69 0.20%
avalanche-2
Avalanche (AVAX) $ 12.09 4.90%
ethereum-classic
Ethereum Classic (ETC) $ 8.02 4.70%
kusama
Kusama (KSM) $ 103.06 5.30%
compound-governance-token
Compound (COMP) $ 217.02 4.88%
zilliqa
Zilliqa (ZIL) $ 0.074673 3.92%
sushi
Sushi (SUSHI) $ 6.76 9.51%