Bridger Pennington argues crypto adoption is still early, with only about 5% of the global population owning any. He sees stablecoins as the next major wave, noting their transaction volume recently surpassed Visa and MasterCard, and points to Bank of America's announcement of a stablecoin for international transactions.
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Am I too late for Bitcoin? I don't think so. I think we're still very early. Roughly, if I remember correctly, about 5% of the global population owns any crypto. And most of it's very minimal, right? For most wallets, it's less than 1% to 2% of the global population that actually accepts and likes and has a significant amount of their investments in crypto. We are very early. A couple other things, you have world governments potentially, Moving to a blockchain stablecoin system. I think stablecoins is the next big wave. Bank of America just announced a new stablecoin they're going to use for international transactions. Last year, stablecoin transaction internationally eclipsed Visa and MasterCard for the year, which is, I mean, pretty phenomenal for what, 2024 going into 2025? I personally think we're very early. I have a big bet on this. We have an 8-figure crypto blockchain fund. We're generally long in the market. And so this is where we think the market's going and what's happening. But things can always change. Things can crack. Things can move. But Over time, I think this investment will win.