You should compare cryptocurrency cap to regular money cap instead of company worth. Because thats what they are here to replace. That cap is way higher than 850billion.
RE: ▲ ▲ ▲ What is the potential size of cryptocurrencies market cap? [Question]
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▲ ▲ ▲ What is the potential size of cryptocurrencies market cap? [Question]
I made such a comparison because of closeness of number orders (10^2 billions). Of course, world currency market is much higher in orders, so should we expect 5x growth in the next couple years ?
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It's hard to tell, but I wouldn't be surprised at all. We will probably see the bitcoin dominance shrink even more and more coins reach a bill or two cap.
5x in a year seems unlikely since we have a pretty high cap already, but we should see it eventually.
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By the way, I've seen an estimate of 2 trillion in next 5 years for cap recently on Youtube.
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