[Chain News] The chief investment officer of a leading asset management firm, Matt Hougan, recently made a bold prediction: the crypto market will surge 10 to 20 times in the next decade. His reasoning is quite interesting—Bitcoin is laying the foundation, stablecoins are building the channels, and traditional assets like stocks are starting to migrate on-chain.
What’s even more explosive is that he quoted the new SEC Chairman, Paul Atkins, as saying: the entire US stock market could be fully on-chain within a few years. Keep in mind, the current market cap of US stocks is $68 trillion, but only $670 million worth of stocks have been moved on-chain so far—a conversion rate that’s barely a drop in the bucket. This transformation is just getting started, and the potential is enormous.
Hougan’s own approach is also quite pragmatic—he’s not betting on any single chain to win, but is instead using index funds to diversify the risk. After all, no one can say for sure which chain will come out on top, but the certainty of the entire sector taking off is pretty strong.
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GateUser-0717ab66
· 7h ago
10-20 times? Just listen. Ten years ago, no one believed Bitcoin could reach this price.
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BearMarketMonk
· 8h ago
Here we go again, this set of arguments about "going fully on-chain within a few years"... Ten years ago it was about the blockchain revolution, now it's about the stock market going on-chain, full of cyclical sentiments. The conversion rate has gone from almost zero to full capacity, how many people's dreams have died in between, haha.
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The move to diversify risk with index funds is clever, but don’t forget — index funds make money from incremental gains; they get wiped out in a bear market too. Having a big imagination doesn’t mean you’ll survive until that day.
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$68 trillion in US stocks fully on-chain... Just listen, don’t take it as a prophecy. History never repeats exactly, it just rhymes.
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The big players are best at using grand narratives to numb anxiety. 10 to 20 times returns are indeed tempting, but the people saying that have already made enough money. What about newcomers?
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Bottom logic is always the most alluring and the most dangerous. If you haven't fully understood this cycle, the story for the next cycle is already being written.
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Don’t just bet on a single chain, bet on the whole... Well said, but the whole is also made up of countless chains’ life and death. If you really can’t choose, don’t pretend you can.
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GateUser-e87b21ee
· 12-09 10:52
$68 trillion US stocks, but only $670 million have been on-chain? That conversion rate is truly outrageous, but then again, it makes sense—it’s just getting started... Hougan’s index fund strategy is indeed solid; no need to bet on who wins.
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ChainSpy
· 12-09 10:51
Index funds are indeed a stable strategy. After all, someone will always make profits, so why insist on betting on a single chain?
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TideReceder
· 12-09 10:44
10 to 20 times? Just listen and that's it, Bitcoin is the real deal.
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All US stocks on-chain, haha. Let's solve the existing problems first.
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This logic... 68 trillion vs 670 million, they're really good at playing the numbers game.
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Index funds diversify risk, that's the smart way to do things. Much more reliable than going all in on a single chain.
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Here we go again, always saying the certainty is strong. The only thing certain is retail investors getting fleeced.
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Stablecoins running channels? Let's wait and see which stablecoins can survive this year first.
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Sounds great, but the more people believe it, the harder it is to make money.
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20x in ten years? I'll just see if I can break even this year.
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ContractSurrender
· 12-09 10:38
This conversion rate... LOL, there's still 99.9% room for improvement.
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MetamaskMechanic
· 12-09 10:38
68 trillion turns into 670 million? That gap is way too outrageous. If it really goes on-chain, that's insane profit.
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AltcoinMarathoner
· 12-09 10:29
nah but if we're really talking about that 68 trillion shift onto chain... we're literally at mile 3 of an ultramarathon here. most people don't even realize the race has started yet lol
Asset management heavyweight predicts: crypto market will grow 10-20x in the next decade, US stocks on-chain is just getting started
[Chain News] The chief investment officer of a leading asset management firm, Matt Hougan, recently made a bold prediction: the crypto market will surge 10 to 20 times in the next decade. His reasoning is quite interesting—Bitcoin is laying the foundation, stablecoins are building the channels, and traditional assets like stocks are starting to migrate on-chain.
What’s even more explosive is that he quoted the new SEC Chairman, Paul Atkins, as saying: the entire US stock market could be fully on-chain within a few years. Keep in mind, the current market cap of US stocks is $68 trillion, but only $670 million worth of stocks have been moved on-chain so far—a conversion rate that’s barely a drop in the bucket. This transformation is just getting started, and the potential is enormous.
Hougan’s own approach is also quite pragmatic—he’s not betting on any single chain to win, but is instead using index funds to diversify the risk. After all, no one can say for sure which chain will come out on top, but the certainty of the entire sector taking off is pretty strong.