04-11-2021, 02:33 AM
FUN FACT: Entire Cryptocurrency accounts for only 0.16% of the global wealth. It's N
<!-- SC_OFF --><div class="md"><p>The global cryptocurrency market cap has recently reached a new milestone of 2 trillion $, which is impressive, but pales in comparison to the entire global money and investments valuation of 1.2 Quadrillion $. </p> <p>This leads to Cryptocurrency being able to secure a meagre 0.16% of the entire global market. </p> <p>Here's an article to help visualize it:</p> <p><a href="https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/">https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/</a></p> <p>I have seen people being reluctant to invest now or waiting for a dip because they think cryptocurrency has grown too quickly. But if cryptocurrency lives up to its potential of becoming a foundation of the new financial system, then there is still potential for 100x growth in almost any Cryptocurrency project with good fundamentals. </p> <p>This metric is also reason why the major institutions and banks have recently started dabbling in cryptocurrency. </p> <p>So, it's never too late to get a piece of the future. </p> <p>Who knows, your grandchildren will thank you for it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ultron290196"> /u/ultron290196 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mo2f4t/fun_fact_entire_cryptocurrency_accounts_for_only/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mo2f4t/fun_fact_entire_cryptocurrency_accounts_for_only/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The global cryptocurrency market cap has recently reached a new milestone of 2 trillion $, which is impressive, but pales in comparison to the entire global money and investments valuation of 1.2 Quadrillion $. </p> <p>This leads to Cryptocurrency being able to secure a meagre 0.16% of the entire global market. </p> <p>Here's an article to help visualize it:</p> <p><a href="https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/">https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/</a></p> <p>I have seen people being reluctant to invest now or waiting for a dip because they think cryptocurrency has grown too quickly. But if cryptocurrency lives up to its potential of becoming a foundation of the new financial system, then there is still potential for 100x growth in almost any Cryptocurrency project with good fundamentals. </p> <p>This metric is also reason why the major institutions and banks have recently started dabbling in cryptocurrency. </p> <p>So, it's never too late to get a piece of the future. </p> <p>Who knows, your grandchildren will thank you for it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ultron290196"> /u/ultron290196 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mo2f4t/fun_fact_entire_cryptocurrency_accounts_for_only/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mo2f4t/fun_fact_entire_cryptocurrency_accounts_for_only/">[comments]</a></span>Kind Regards R