When you talk about a market cap of hundreds of billions, I completely agree, but there was an article by JPMorgan that determined the net inflow of all cryptoassets since inception to be north of $6 billion. Now, the accuracy of this is of course questionable, but how can we talk about bitcoin being overvalued at $150 billion, when in reality it could just be $2-3 billion. The markets are so volatile, and the spread can sometimes be so wide, that I think it is not a big stretch to argue that realistically the net inflow can not be bigger than $10-20 billion.