A recent report from the Federal Reserve Bank of Kansas City highlights a significant shift in asset demand driven by the aging global population. This trend is expected to notably impact Bitcoin, projecting its value to rise by 200% of GDP by 2100, potentially positioning it as a global asset akin to gold. Based on the data provided in the document, such projections underscore the growing importance of cryptocurrencies in the future financial landscape.
Increasing Demand for Bitcoin
The report underscores that as the global demographic landscape changes, the demand for Bitcoin is likely to increase, with analysts from Bitfinex and Gracy Chen, CEO of Bitget, emphasizing its potential as a key component in diversified investment portfolios.
The Impact of Cryptocurrency Regulations
Furthermore, the maturation of cryptocurrency regulations is anticipated to bolster this demand, providing a more stable environment for investors. As Bitcoin continues to gain traction, its role as a safe-haven asset may become more pronounced, mirroring the historical significance of gold in times of economic uncertainty.