Gold: 10 trillion Biden dollars.
Real estate: 200-250 trillion Washington dollars.
Stocks: 90 trillion Obama dollars.
Bonds: 120 trillion Trump dollars.
Derivatives: 600-1000 trillion but these figures are grossly overestimated (realistic gross value is estimated to be 12 trillion Clinton dollars).
Our favorite exit strategy coinz: $2.25 trillion
So what can we gleam from this?
Let's Google crypto sentiments: recently we see more and more millennial and gen Z folks are warning up to crypto. Based on surveys about as much as 10 to 40% of the younger populations are willing to invest in crypto. These figures can be wrong because the sample sizes are small and are collected in major cities but still, like it or not, millennial and gen Z, those growing up with memes and tiktoks and social media and the internet, will one day replace boomers and run this world.
Even if we try to be conservative and assume that 30% of the population will use crypto as an investment vehicle by 2030... we can see that 2.25 trillion market cap is but a drop of water in the global investment market cap of $500 trillion.
Here are some milestones crypto can aimed for in the next 10 years:
- GOLD: this is the obvious milestone for the entire crypto marketcap to surpass and this is the ultimate goal for Bitcoiners to hope for eventually. A $10 trillion Bitcoin marketcap will place bitcoin at roughly $550k a pop.
- Real estate: well this is trickier to analyze because as living corpse-fleah not yet ascended into the digital metaverse, we still need shelters. So real estate can perform the physical functions no crypto or NFTs can. However a large percentage of the real estate marketcap consists of speculation and investing rather than real physical needs. If we say 60% of the real estate market is pure speculation and investment vehicles, then we end up with about $100 trillion in investments and those real estate are held because "numbers go up".
- Stocks. Stocks are a representation of tradfi companies. Crypto companies and DAOs will eventually take a chunk off that market in my opinion. Let's be conservative and say crypto and DAO + tradfi adoption can push the crypto marketcap towards 20% of stocks... and we end up with $18 trillion (possibly $22 trillion adjusted for stocks growth). This is still a vastly bigger number than our current market cap.
To conclude, I'm not saying the growth figures for crypto I'm providing are correct. My point is, our current marketcap is literally nothing compared to all these traditional investment vehicles. It's not that crazy to expect our market cap will 5x or 10x from here within the coming decade, given how young people prefer to spend their time in the digital worlds and how they're less likely to own gold or bonds.
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