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I'd certainly be very impressed if cryptocurrencies reached the point where they could affect the economy that much in the near future. The current market capit
by alangou 9y ago
I'd certainly be very impressed if cryptocurrencies reached the point where they could affect the economy that much in the near future. The current market capitalization of all cryptos comes out to under $200 billion [1], while the US housing market was nearly $30 trillion as of last December [2]. So it would have to grow 150x somehow.
[1] https://coinmarketcap.com/ https://coinmarketcap.com/
[2] http://zillow.mediaroom.com/2016-12-30-U-S-Housing-Worth-Record-High-29-6-Trillion-in-2016 http://zillow.mediaroom.com/2016-12-30-U-S-Housing-Worth-Rec...