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https://river.com/learn/how-much-worlds-money-in-bitcoin https://river.com/learn/how-much-worlds-money-in-bitcoin Also the article you posted very specifically
by Closi 3y ago
https://river.com/learn/how-much-worlds-money-in-bitcoin https://river.com/learn/how-much-worlds-money-in-bitcoin
Also the article you posted very specifically says that the market cap of cryptos is equivalent to 7% of the narrow money supply (not the full money supply, and NOT that crypto currently makes up about 7% of the world's money supply). Doesn't make sense to compare non-narrow with narrow IMO - i.e. you need to include ALL assets with the same liquidity.
- esperent 3y agoOk, thanks for the feedback. Do you think my points are still valid under this less extreme scenario? Let's assume a 25x - 50x increase of the value of all crypto in a 5-10 year time span. What percentage of all relevant assets would that make up? And would it be enough to destabilize world economies enough for governments to take action?