You're correct on Bitcoin's network effect being currently less than that of existing popular fiat currencies. The currency market, is of course, the most activ

You're correct on Bitcoin's network effect being currently less than that of existing popular fiat currencies. The currency market, is of course, the most actively traded market in the world. The FOREX trades over $7 trillion per day, and the market is worth over $2.4 quadrillion. But yes, Bitcoin has already eclipsed all but a handful of stocks with a market cap clocking in at $800B-$1T, a daily volume of $50B+ and its more liquid than any stock since it trades 24/7 and can be remitted without intermediaries.