Being able to completely operate outside the purview of the government has been one of the major drivers of bitcoin growth. It has provided investors the opportunity to invest with amounts that would otherwise have seen them locked out of traditional investment avenues. Providing a major pull for younger investors who would rather take control of their financial investments.<\/p>\n
Besides being personally owning bitcoin, Bravo\u2019s equity firm Thoma Bravo is also invested in the crypto space. Thoma Bravo participated in a recent funding round carried out by the fast-growing crypto exchange FTX Trading. This puts the billionaire in a position where he is both personally and professionally invested in crypto. But it doesn\u2019t end there. The fund manager also sees great potential in blockchain technology and said it \u201csometimes provides better use cases than data-based software.\u201d<\/p>\n
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BTC price trading in the mid-$43K | Source: BTCUSD on TradingView.com<\/p>\n
Why Bravo Is Bullish<\/h2>\n
Bravo\u2019s bullish stance on crypto mainly boils down to one thing; adoption. It is estimated that less than 10% of the world\u2019s population knows about bitcoin. With bitcoin\u2019s growth being likened to that of the internet, there is going to be a major explosion in adoption in the next five years. The billionaire pointed that the digital asset will only continue to grow as more people adopt it.<\/p>\n
\u201cFor me, it\u2019s pretty simple. More people are going to use it in the future than today, and it\u2019s going to be more established. Institutions are just beginning to go there, and once that happens, I think it will increase significantly over the years. I\u2019m very bullish.\u201d<\/p>\n