So you guys are aware that the current crypto market is at approximately 580 #billion $ , which is less than 5% of the worlds #economy, I think this is a major fact that should be held in mind by every economist out here.
Here is an outdated chart of approximate economic cap for most countries:
Thus you understand that 500 billion for a #decentralized economy is a very very tiny value compared to the real world economy out there, so what does that tell you ?
More important points you should consider below:
Wall Street hasn't jumped in yet, wait for the next #crash and see whats gonna happen.
Major big #cooperation are still worried about #security and about this economy as a whole, since the prices are not stable thus billions of dollars are not going into this economy because of this reason.
Still no country officially adopted #crypto as an official #cryptocurrency, if Venezuela or any country soon gets its currency collapsed, and they adapt crypto major results in trust will occur.
There's widespread and #mainstream awareness, but very little mainstream adoption.
The trend in the general #population is anti central authority aka. big banks, #governments, big corporations. Look at brexit, Trump, the rise of nationalism against the EU, etc. Cryptocurrencies are the embodiment of anti authority and giving the people more control over their #wealth.
With so many catalysts as you see, I easily see a 10-even 20x #growth for this market is definitely a possibility.
You must also understand that blockchain is the technology dominating, the whole crypto world is basically an IDEA, thus even if the market collapsed, this IDEA is here and it will NEVER EVER GO BACK TO ZERO. its here to stay and grow, do you understand me?
I hope you all agree with me and see the potentials of this market, good luck for everyone!
Please leave an upvote for support and karma.
@originalworks .
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I totally agree with you. So happy I finally got into crypto.
Like I said, now the whole market is collapsing, just wait till one of the countries adopt cryptocurrency and people start shifting to blockchain technology, the crypto boom is coming .