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RE: $10T In Marketcap For The World Computer? Is He Underestimating It?

in #steem7 years ago

Considering what cryptocurrencies are going to do, COMPLETELY REPLACE THE GLOBAL ECONOMY, this is conservative.

Add to that, as pointed out by you, the habit the internet has of creating abundance and I wouldn't know what ridiculously large number to settle on. At this point I think all estimates are just guesses. There is no metric we can use to evaluate the problem.

To borrow a phrase from that fellow in the White House, "It's gonna be YUGE". I think that is all we can safely say at the moment.

Thanks for the post.

Keep Steeming!

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In 1993 who would have guessed there would be so many web pages on the Internet.

That is the amazing thing....few people can consider the truth potential of many of these technologies. What is another interesting fact is that the people who develop these technologies do not even know the direction they will take.

Yes I see the entire global economy on the blockchain which means it will have $100T + of commerce on it...how much is that really worth?

My point exactly. This is unknown territory.