David – Crypto Speculator
The question of whether the crypto market investment business will reach $100 trillion by 2030 was recently addressed in a video by Dan Gambardello, a cryptocurrency trader and YouTuber who operates the channel Crypto Capital Venture.
According to Raoul Pal, CEO of RealVision and a former executive at Goldman Sachs, cryptocurrencies do have the potential to grow to be a $100 trillion market, as stated by Gambardella. Gambardello also quoted Pal that the cryptocurrency investment market can be compared to the $250–350 trillion market values of stocks, bonds, and real estate. Pal also predicted that by 2030, there will be a significant increase in the number of bitcoin users. To determine the source of the trillion dollars, Gambardella had a simple equation:
‘To find out where that money will come from, we need to consider the total addressable market (TAM) for crypto.’
Gambardella stated that one must consider the advantages cryptocurrencies offer to common consumers when determining the total addressable market. He claimed that, in a smaller sense, Bitcoin is like gold and that it is used as a reserve, a store of value, and a tool to fight hyperinflation.
According to him, the billions of dollars that people will invest in Bitcoin as it establishes itself as a store of value cannot be neglected. Gambardella stated that the market for cryptocurrencies could reach $100 trillion due to the combination of the rising demand and the existing constrained supply.
Gambardello asserts that the blockchain technology that underpins cryptocurrencies is also recently boosting conventional banking institutions and could be beneficial for the entire sector.
Would you wish to buy any of the cryptocurrencies, visit BCBitcoin – a popular cryptocurrency broker. The platform lets you buy and sell cryptocurrency, swap cryptocurrency or store your crypto assets online.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards