Ric Edelman: BTC could see 10x return in a decade, but has failed as currency

Prominent investor Ric Edelman stated in an interview with CNBC that Bitcoin has enormous return potential, predicting up to a tenfold increase in investment returns over the next decade. During the same period, he expects other assets to yield only 5-10%. Edelman, who serves as chairman of the Digital Assets Council, attributed this potential price surge to Bitcoin's low adoption rate—with less than 5% of the global population currently holding it—and its fixed total supply of 21 million coins. He argued that medical innovations extending lifespans have made the traditional 60/40 portfolio model obsolete. "Consequently, for investors willing to allocate 70-80% of their funds to stocks, their crypto exposure should not be limited to just one or two percent, but rather 10%, 15%, or even 20%," he emphasized. He also commented that Bitcoin has failed to fulfill its original vision as a currency, stating that nobody thinks it will serve that role. However, he noted this is not a negative development, explaining that Bitcoin has the potential to excel as a store of value and leverage its brand dominance.