Bitcoin Needs Massive Capital Inflows to Challenge $21.9 Trillion Dollar Supply: Analyst Says

Bitcoin investor Willy Woo believes the cryptocurrency is poised to become a dominant force, but only if it receives significant capital inflows. To compete with established assets like the U.S. dollar and gold, Bitcoin must attract more investment, according to Woo who spoke at the Baltic Honeybadger conference in Latvia. Woo outlined key challenges hindering Bitcoin’s path towards becoming a global reserve asset.