Bitcoin Forum

The digital currency business is worth around $1.5 trillion today. I predict that in 10 years it will be worth 10 times what it is today: 15 trillion dollars.

The question everybody here needs to ask themselves is: do you want to be part of that future, or not?

Getting to $15 trillion is going to require different thinking than the original Bitcoin and crypto community is used to. This is a future where almost all citizens in the developed world posses digital currencies that they use for both daily payments and longer-term speculation. One where there is a vibrant market for thousands of meme currencies, and memes come and go with fashion every year.

And it's a world were consumers find a safe and easy and convenient mechanism for buying into the latest meme or an established name like Bitcoin.

Many in the business today are going to find the requirements of "mainstream" consumers baffling, annoying, or even infuriating. What you thought was good will be bad, and what you thought was bad will be good.

In this future, players in the digital currency market will either evolve or get left behind. Bitcoin has its roots in the cyberpunk-libertarianish-grey-market-quasi-criminal realm. It's a fascinating, tantalizing, exciting realm for several million people around the world.

But it's also terrifying for several billion people around the world, who aren't interested in risking their life savings to things that are unsafe and untested and clunky. And they have no interest in fighting their government, or doing something that could be considered illegal.

The blockchain architecture was designed around the notion of perhaps dozens of transactions per second, and was made to be intentionally slow and expensive. In the future, there will be millions of digital currency transactions per second worldwide, and tens of billions of transactions per day. There will need to be other architectures besides blockchain to handle that.

The original crypto community hated the government, and hates any concept of regulations. They started their movement as explicitly "anti-government". Average consumers love regulations and government protections because it makes things safe for them without needing to think about it.

The original crypto community focused on changing the world and ending the idea of central banks and central governments.  Average consumers want their Social Security check to come when they retire, and they like the protection from crime their government gives them.

The original crypto community fought against things like centralized stores of your assets--not your keys, not your coins, they said. Average consumers want their wealth to be stored in a financial institution, because they want to pay somebody else to guard it, not hide it on their own person.

Average consumers want their small transactions to occur without an exchange of identity--like what digital currencies give them; but they want their big money stored in their own name so it's safe.

In short, the $15 trillion dollar future is about digital currency going after the mainstream of people in a hurry, people in other professions besides technology, people who don't care about politics or cyberpunk lore, people who are happy with the status quo of their job, their bank and their government.

This future won't be for everybody, and there is already quite a large market--today's $1.5 trillion--for those who do not want to evolve to divide up.

The $15 trillion dollar market will be for those who are willing to think outside of their technical, ideological and political bubble--and embrace the mainstream.

I believe you're referring to Bitcoin here. It is designed to be secure and require PoW to add new blocks to the chain, making it immutable as layers and layers of blocked are stacked on each other. It was designed to keep transactions at an average duration and the fees are determined by the network.

You are including your own rhetoric here. Bitcoiners do not want to end the idea of central banks or governments and replace that. We just want an outlet to the system. Bitcoiners are also still part of the system and pay taxes so get every protection the government gives.

If decentralization is not for you, you have a choice of almost every existing system in the world to choose from, surely the one truely decentralized system doesn't need to change for you to have "another" centralized institution. There's a bank down your street, use that.

Use CBDCs or one of the altcoins that has instant transactions.

$15 trillion in 10 years sounds like a realistic prediction to me. In that case, Bitcoin is likely to cost around $600k, and I don't think that's unfathomable.
But as for the rest, I believe we shouldn't dwell too much on what Bitcoin used to be like or what the early crypto community was like. Honestly, I think that with that antigovernmental sentiment, Bitcoin wouldn't have reached its current heights, and the crypto market would have remained tiny. It's bridging the gap and a lot of interest in Bitcoin as an investment that brought us to $1.5 trillion market capitalization, and it's more of the same approach that can bring us to $15 trillion, in my opinion.
Perhaps you're making the same point, op, but I'm not sure about that.

But why ? what are you basing your prediction on ? feeling ?

Current market cap of Bitcoin is around $1.2 Trillion, it took 15 years to get here.
You're saying it will increase even faster in shorter time ? where this money will come from ? any sources you can point to validate this claims ?

All I see is another dreamer with no financial background just pointing finger at charts.
I think this prediction (more like a wish) is very unrealistic.

If we're going to write a letter to Santa Clause, make it $100 Trillion.  ;)


Did you do a public survey ? if not, then your claim has zero value.
People who own substantial amounts of money want privacy. They don't want anyone, including government to know how much they've got.
I did not make survey because it's written in history of banking, Swiss accounts back in the day and other safe haven places today are a proof that people value privacy the most when it comes to storing their wealth.

Keep it real, you're just a late comer that want to 10x and have fun with FIAT.

Where do you place those ardent bitcoiners from the developing world that currently makes up the whole bitcoin ecosystem today. Because for what it is not only the developed world that makes up that $1.5trillion valued of digital currency in today's world.

Yesterday some people thought that way too but today they are using bitcoin as an alternative means for their savings again inflation.
I sternly believe that curiosity and  knowledge is what raises people's interest in getting involve in anything which would mean that the lack of interest of the billions of persons in the world that are yet to embrace the bitcoin idea are doing so out of ignorance with a lack of curiosity base on whatever fallacy they would have been fed by the anti-bitcoinists but what is certain is that in as much as bitcoin continue to exist to many more decades to come a lot of those folks would eventually gain an interest.

To perception that taking an interest into bitcoin is akin to fighting the government is laughable and entails in brighter view the extend of their ignorance. Bitcoin is but an alternative digital currency with it's own blockchain (transparent for all to view) independent of the trust system of centralized finance. Maybe the absence of control on bitcoin by the government is what you're referring referring to fighting the government, but when does making for an alternative becomes a fight?

Perhaps I should have clarified that while I believe the overall digital currency market will hit $15 trillion, I think Bitcoin itself will only be a part of that--and probably not even the majority of it.

So my other prediction is this: in five year's time, Bitcoin will be a minority of the total digital currency market cap (even though it may well be far higher in price than it is now).


Bank transactions, including credit card transactions require an exchange of personal information. Most consumers don't want that for small transactions (whereas they very much want this for large transactions so they can be protected by the government---this is a phenomenon I call Anon Paradox (https://medium.com/@stephen-r-thomas/the-anon-paradox-anonymity-big-small-1231a6a060e4)--that people want anonymity for "small" money and personal identity for "big" money).



My evidence is the way most people use crypto today, which is through an app or broker that stores their account centrally using their personal identity. Consumers are voting with their feet on this one. Whereas many here, brave people and early adopters, are content to hide their life savings in a proverbial floor safe, most people keep their life savings in a financial institution under their own name.


Yes, they want privacy, but you are talking about two kinds of "privacy" here, and they are very different:

1. Privacy from criminals, marketers, other citizens, the media, and their friends: this is the kind of privacy everybody wants.

2. Privacy from their government such that they can safely engage in illegal activity: this is the kind of privacy that very few people want.

While there is certainly a small (percentage-wise) market for people who want to evade their government, my thesis, based on, well, the history of banking, is that most people don't want that kind of trouble--a "Swiss bank account" is almost synonymous with somebody doing shady things, which is why such accounts had never been more than 1% of the money stored in banks. 99% of people aren't interested in going up against their government.

And look, I get it, most here would say that those 99% of people are wrong and that they really should fear their government, and so on. I voted for Ron Paul for president before many here were even alive. I get the ideology. But that's not the reality of the average developed-world consumer--but that consumer is the force that will get us to $15T. The "Swiss bank account" market is finite, and I think it's fair to say that it's saturated now. Growth is going to come from the mainstream, not doubling down on the fringes.



You are absolutely right, and I probably used the wrong terminology here. Digital currency is a value for all consumers, no matter where they live.



Almost no product you use on the internet is "controlled by the government". If you use a VPN, it's controlled by the private VPN company, not the government.

What I mean by "fighting the government" is people who wish to hide their money from the government should that government inquire into their finances. In other words, people who are interested in breaking the law in some fashion, usually for tax evasion.

Most people don't want to do that, and my thesis here is that the way we will get to $15T is by addressing the 90% of the market who just want to trade anonymously and safely with their fellow citizens and want to speculate on memes.

Even in the bitcoin rainbow chart theory, the lowest price we will get in 2028 (4 years away) per 1 bitcoin is around $161,678 ^[1]. This price creates more than 2 times the current market capitalization, so it is realistic to see $15 Trillion in the next 10 years even at bitcoin's depressed price. My calculations are still calculations with a small level of hope, i can't imagine how big the market capitalization of bitcoin + altcoins will be in the future if we find crypto becoming mainstream in the future.

[1] https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

The madness that is affecting the world and the more possibilities of a new war, it is difficult to predict what will happen after 10 years, as economic events may affect Bitcoin negatively or positively and lead to major changes in the price in the short term.

Cryptocurrency market cap is a measure of irrelevance. There are many cryptocurrencies, but Bitcoin and Ethereum are the ones that have most of the market cap, in addition to stablecoins.

Don't you know Government = Criminals ?  :D :D :D
You will know when they seize all your money due to some bogus suspicion or just because you were on some strike and you don't even have to be rich to get hit.
You better dance to the music government plays OR ELSE  ;D

Enjoy your freedom. While I enjoy true freedom with privacy.

The achievement of any success comes along with a demanding task head for it be become a reality, so its all about how many are ready to give it all it could demand by investing in bitcoin, holding till then, one of the benefits of choosing bitcoin is that it has varieties of investment opportunities and diversifications which are profitable to us, some may require time for us to be profitable while some may be that our insight on the network will help towards generating the required expectations form it.

While I assume the market to be very unpredictable and I do not care much for market cap, I think you are still very wrong in your predictions. Do you have any data to support it or just pulling data out of the air.

If the system already has your details it doesn't matter the amount involved in the transaction you're doing. You don't get to decide when to be anonymous and when not to be if you're advocating for a centralized system.

No, it's actually the other way around with those favoring centralization labelling those who want complete privacy just as you did.

Sure you do. VPN companies like NordVPN provide anonymous browsing. DuckDuckGo allows for private web surfing. There are lots of anonymous email services out there. There are surely some companies out there who many don't trust with their privacy for good reasons, but that's about the company, not the technical architecture.

You don't need the blockchain architecture to be anonymous.

(And of course Bitcoin itself, with it's public ledger, is highly non-anonymous but that's another discussion).

Of course you do not and I never said you did. A VPN it a private browser or anonymous email will not make your transaction private if you're already KYCed by the financial institution.

Bitcoin has always been pseudo-anonymous.

My point was that VPNs and private browsers are companies that stake their reputation on keeping your privacy--and I think most people trust them to do that, just like people probably trust the many defacto centralized blockchain-based cryptos out there.

I was just using VPNs and privacy-enhanced browsers as an example--they have nothing to do with digital currency or financial transactions.

Products like Monero give you "privacy" from your government when it has a legal inquiry. Most people do not need or desire that kind of "privacy" because they have nothing to hide from law enforcement.

So maybe we should stop using HTTPS and go back to basic HTTP, after all - we are not criminals, we have nothing to hide  :D
I could write a thousand examples here why privacy matters even more for law abiding citizen than for criminal.  ;D

That's why we use encryption everyday, even if we don't notice it.  ;)
I don't know what Monera is but Monero has privacy by default and that's why it's so easy to use it, you make transaction same way as in Bitcoin but cheaper, faster and much more private.

I see that you use the term "digital currency" instead of "cryptocurrency", likely because your project aligns more with the former than the latter. But, for the sake of discussion, what type of digital currency do you believe could surpass Bitcoin, or at least capture a significant share of its market? Central bank digital currency? That could very well exceed it, just as the USD exceeds Bitcoin in terms of market cap.

By the way, why do you call it "Monera"? It's Monero, and in plural, moneroj or just XMR.

15 Trillion es a crazy number, already the market is bumped, I have no idea where does the 15T Will come from. if you compare the cryptos market cap with the biggest companies out there, cryptos are already in another level, so, i'm not saying 15T will be imposible, but I can't visualise where does that money will come from.

Most people use HTTPS because it protects them from online criminals and other citizens violating their privacy, not to engage in illegal activities.

You don't need to use Monero to buy something that is perfectly legal--which explains why Monero is only a tiny part of the digital currency market.


I did not predict any single digital currency would surpass Bitcoin. I predicted that Bitcoin's market cap share will fall below 50% from the ~80% it is today. I think the future will bring a lot more good, safe, stable and vibrant options to the market, and there will be lots of reasons people choose those options.

I don't think CBDCs are going anywhere because there's no reason for them to exist: there's no reason for any government to get involved in something that will be well-served by non-government options, just as they never got into the credit card business years ago, etc.

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

Monero is more used as cryptocurrency than Bitcoin or any other project including failure called LN.
Monero being cheaper to transact and faster is a bargain, on top of that you get privacy even if you don't care about it.

Bitcoin on chain "transactions" are mainly bots trading between themself  :D

Now you know  ;)

VPNs are centralized, they require money and they offer zero privacy.

Tor is free, decentralized and it offers true privacy.

I'm surprised people with "lots of IT experience" shill VPN services...

If it's that cheap then the FBI could take it over with a 51% attack with the change they find in their couch--if they haven't already and simply haven't told us (which really wouldn't surprise me). Bitcoin's resistance to takeover is a pure architectural tradeoff with performance.

All that said, do you have a source for that data? I've actually never even seen a vendor that takes Monero.

The market is normally unpredictable but the $15 trillions in 10 year prediction is not to bad and since the market is volatile, the price might be less or more and can't be on the 15 trillions exactly.

$600k price of Bitcoin in the next ten years is a huge possibility; as a matter of fact, there are many projections putting it at $1m per coin. However, the price behavior this year is one that leave many doubting the much talked about $1m price per Bitcoin because we had expected that price will reach $100k shortly after the halving considering that price already started surging at the announcement of the ETF approval possibilities late last year. The ETF approval actually injected a lot of momentum into the market which many thought will combine with the halving effect to immediately send price to six figures but since that did not happen yet, people's optimism is waning Unless for for the ardent believers who are rarely perturbed by the price. Sincerely speaking, there is great prospect for Bitcoin despite the reluctance to explode that we are presently seeing in the market.

51% attack cost is not based on transaction fees  :D and this type of attack has higher possibility in Bitcoin because it's mining operation is WAY less decentralized.
It wouldn't surprise you because you know nothing from technical perspective as you have proven here now.

I have already linked you... <facepalm>
https://bitcointalk.org/index.php?topic=5506007.msg64422895#msg64422895 (https://bitcointalk.org/index.php?topic=5506007.msg64422895#msg64422895)

Most respected VPN (Mullvad) and thousands other places also accept Monero:
https://cryptwerk.com/pay-with/xmr/ (https://cryptwerk.com/pay-with/xmr/)

On a side note, Bitcoin has been dethroned completely on DNM's, a place where Bitcoin gained it's popularity.  ;D

Monero is taking over Bitcoin wherever both are accepted.
Because why would anyone overpay to use Bitcoin when it's worse in every respect.  ;D ;D ;D

It's not love for the project that wins, it's the everyday usability that wins.
Monero got both, love and usability  ;)

With Haveno DeX now running, it's unstoppable. You can trade it even in North Korea  :D
What Bitcoin has become is a highly volatile stock, nothing more. It has no value proposition outside market speculation.

The topics created by people on this forum speak for themself:

The Road to $15 Trillion
To the people who only see the downsides of HODLing Bitcoin
Don't Be scared Use this Dip as an opportunity to HODL more.
Do you also panic when bitcoin price falls more than 10-20% in a day ?
Bitcoin Price History 2010-2021 in 2 minutes can help you to be less panic

All they want is more FIAT, not Bitcoin. Bitcoin is just a temporary, disposable vehicle for their FIAT dreams.
Their love for Bitcoin is fake, their true love is FIAT.

I enjoyed reading everything up there including your unjustified prediction about market cap in the next ten years but you begin to missed it when you involved government. Bitcoin and it developers did not publicly declare fight against government. We can not refute the fact that some bitcoin enthusiasts hold anti government view but bitcoin itself is neutral. It is just like an alternative to government financial system for those that value their financial privacy. It's high time we stop this unnecessary competition and comparison.

I disagree.

A network is decentralized if the users hold equivalent rights. For example, Bitcoin, by running a full node. Tor is not decentralized, it is federated. End users are not expected to neither run relay nor exit nodes. Being able to achieve privacy in a trustless manner (as in the case with downloading the blockchain and checking your balance) is not the case with Tor. You have to trust that there is no adversary controlling the Tor nodes.

There are VPN companies in countries where keeping no logs is legal, like Sweden. I'd argue that, given some trust, using that could offer more privacy than Tor. (A good one is this (https://mullvad.net/en), operating since 2009, working with Tor developers, accepts XMR.)

I don't love fiat. But I do want to store the value of the money I make, and Bitcoin does this job better than Monero. You have to realize that.

Monero is losing to Bitcoin in terms of XMR:BTC pair but Monero is much more stable when we look at XMR:FIAT pair in the long run.
Due to this I'd argue that for storing value Monero is much better option.

That's not enough for me. I want to store the value of the money I make. If I only wanted to store the amount, I'd just save in fiat instead.

I'm talking about the value, it is less volatile in Monero.
The amount does not change in neither Bitcoin nor Monero.

You can see the value of Monero closely relates to usage:
https://bitinfocharts.com/comparison/transactions-price-xmr.html#alltime (https://bitinfocharts.com/comparison/transactions-price-xmr.html#alltime)

Cryptocurrency that's being actually used outside speculation trading will always be more stable.
That's why Bitcoin is becoming more volatile each year, it's being less used (for buying stuff), it's being HODL and traded by bots.

Seeing as usage for Monero is only increasing with time, we can speculate the price will go up as well - without that much volatility as we can see in Bitcoin.

If it's more stable against the fiat price, then it doesn't hedge against inflation. If I make $150, put it into XMR, and XMR is still worth $150 in 4 years, then I've lost to inflation. I don't want my savings to be stable to a fiat currency that is stably losing value.

I told my friends to buy Monero when it was $7 USD per coin, they didn't listen.
One of my friend purchased it couple years ago at ~60-70 USD, he is very happy today.
I think it is doing GREAT, but maybe not that great as Bitcoin but at least much more stable  ;)

From "another worthless pyramid scheme" to something that is "great as Bitcoin". You're doing great on the forum, keep it up ::)

I know your IQ level restricts you from understanding sarcasm and the fact that a pyramid scheme can do better than a legit project so it doesn't negate logic in what I have wrote before and now.  :D

If you need any more help, just ask. If not me, someone else will help you.  ;)

You just continue with your "insults" at the expense of my IQ, and at the same time continue to write nonsense and abuse trust feedback. Maybe you should first learn what polite behavior is, when your parents didn't teach you - or you just fell on your head too many times?

I'm not the one stalking forum profile because I got butt-hurt from someone who does not agree Bitcoin is that great  :D
You dug up my comment from July 28, how much time and anger you have to follow me ?  :D

Your aggressive comments towards me speak for themself  ;)

Cheers, my friend  8)

It's indirectly connected in that higher transaction rates indicate more centralization and/or a PoS model instead of a PoW model, which is easier to attack.

Anyhow, I'm certainly not going to argue with a Monero Maximalist :).


I would love that to be true, and I think it's necessary for the overall market to get to $15T. But you don't have to go any further than even this very thread to see that anti-government is a core belief among many in the community.


See, this is the kind of thinking I'm talking about that will not get us to $15T. Consumers do not want a "alternative financial system"--they want a make a profit from their speculation, which is almost all Bitcoin and every other digital currency means to them right now.

And as I've said many times here, there is a huge difference between the sort of privacy offered by a reputable VPN like NordVPN, and the government-proof privacy promised by cryptos (a promise broken by Bitcoin and only really available from Monero and a few others like it).

Most people don't want to fight their government. Most people don't need Monero or something like it that protects them even if they have committed a crime. Most people want to pay their taxes and for their to be no trouble with the police.

And most people don't want to deal with companies and/or individuals that are under investigation by one or more governments for money laundering.

It is a false alternative to assert that if something can be tracked by a government with a valid legal inquiry, it means it is "not private" for the purposes of 99% of consumers. Consumers don't need this anti-government stuff, they just want to be safe from criminals, marketers, and their fellow citizens.

Most consumers actually trust their government and need them to protect them from criminals. This is a foreign idea in much of the Bitcoin/crypto universe, who see the government as the enemy (except, I guess, when the government protects from being attacks by robbers).

The road to $15T goes through average consumers who think differently than much of the crypto community thinks today.

You shouldn't argue about subject you don't understand, I have highlighted your lack of knowledge about this subject.
I don't need to comment it, anyone who has at least basic knowledge knows you are wrong.  ;)

For your information, Bitcoin has 16-20x more on-chain transactions happening right now, does it mean it's more centralized ? according to what you wrote - YES, and also easier to attack.
Which is of course false.

I am not only Monero maximalist, I am anything-that-makes-sense maximalist  ;)

Anyhow ;D I did not read rest of your scribble - But I'm sure someone else will correct you (I don't believe you wrote anything that makes sense).

Bitcoin also has thousands more nodes and each transaction takes far more computing power.

The simple architectural trade-off for blockchain is this: the safer the network, the more costly it is. The original blockchain architectural scheme was designed to be slow and expensive on purpose to make it harder to attack.

Every non-Bitcoin blockchain digital currency that out-paces Bitcoin in terms of speed and and costs does so by trading off decentralization (both in governance and/or actual computing).

Bitcoin: 19540 nodes
Monero: 13199 nodes

Source:
https://bitnodes.io/
https://monero.fail/map

As you can see, they are not that far away from each other.  ;) again... transaction number does not matter here.
Bitcoin transaction takes less computing power when it comes to nodes, it takes more power when we take into consideration mining.


Sorry but I'm not going to waste more time reading your posts, they are killing my brain cells and I like my brain cells - or at least what left of them after discussion with you.  ;D

Adiós

...15 Trillion USD... :D

Interesting. You got me reading more about Monero.

Monero's ASIC-resistant algo is designed so that the network has a higher number of less specialized nodes, which makes it less concentrated. (Hence the comparison between numbers of nodes is misleading since Bitcoin nodes are going to be, individually, much more powerful and expensive).

The reason Monero is currently faster than Bitcoin is because that less-efficient network is processing 5% of the transactions the Bitcoin network is processing. In other words, Monero has perhaps 20% of the hardware that Bitcoin has (in terms of the total cost of those nodes), and it's doing 5% of the work.

And this was an intentional trade-off by Monero: to make processing a transaction less efficient and more government-resistant.

Monero transactions can take up to 20 minutes to be fully confirmed, even though the network is processing 5% of what Bitcoin does. That tells me that if Monero's transaction load ever grew even a tiny bit e.g. doubling, then transaction fees would skyrocket.

Blockchain is a great architecture for what it accomplishes, and I admire Monero for essentially delivering on Bitcoin's promise of government-resistant value transfer.

But back to the OP here (thank god :)), most consumers don't want to go up against their government. Most consumers don't need Monero and won't pay for it.

(And, for course, talking about 20k or 500k transactions per day is rather silly when any mainstream adoption of digital currency [the $15T] will require this number of transactions per second).

In the bull run case scenario, it is predicted by tokenmetrics that digital currency market cap will cross 10 trillion dollars milestone by the end of 2026 but this prediction was just based if market only goes high so on the other hand when the market is bearish and price of coins drops then people start selling their coins instead of holding then market cap may decreases. But after 10 years this milestone is achievable!

If only tapping to that market was that easy. Markets get saturated with scams and tokens that live for a day or a week, and number of projects that aren't going anywhere even if they now are high on the marketcap is going to be significant. Choosing the winners isn't going to be easy.

That peaked my interest as well, so first i tried to look at coincards.com, because it has my country listed in their services. I chose a rather famous web shop that i have used before, and went to choose the amount for gift code. But first i checked the TOS, and coincards is fully complying with regulators, meaning that monero is living there with a borrowed time and change to get my account frozen is real.

To double check i went to that web shop coincards offered giftcards to, and turned out that they don't even accept gift cards. So forgive me being skeptical of rest of the of the links. I mean i would love if some of these would work, and i guess i just need to risk it and be a sucker when they don't. But i am very skeptical about any of these accepting monero in the near future because of MICA and the new and upcoming AML regulations.

I think big players* will emerge who will build a reputation with consumers for fairness and safety. eBay did this for online auctioning of physical things, and they (or "we", since I worked there for many years) deeply emphasized consumer safety on the site, making it so most end-users didn't have to worry about getting ripped off. This safety is what opened the door to online auctions to the mass market, because average consumers in a hurry could buy and sell without worrying about anything.

But yes, choosing winners is never easy--but that's true for everything, right?  ;)


(* Full disclosure: I hope my company becomes one of them :) ).




I had left that out of the Monero discussion, but it's a good point that reinforces what I have been saying about the market: Monero itself is viewed in a very negative light, and while I have a lot of respect for it technically, when a product becomes known for things like cyberextortion, terrorism, money laundering, and other criminality, businesses who cater to a mainstream audience aren't going to get anywhere near it.

As I keep saying here, the "keep your stuff secret even if the government is after you" business is really, really small. It's a "niche market" at best, and a purely illegal one at worst.

Looks like we are coming up on a good buying season.

8)

That was a pretty long forum thread and, in your text, you are repeating things that have already been mentioned multiple times on the forum.
I agree that the Bitcoin/crypto community had sacrificed it's cyberpunk, libertarian, anti-government vision for mass adoption and higher cryptocurrency prices. Greed is one of the biggest motivators and we can't fight the desire to make more money.
There are big limits and obstacles, that are stopping mass crypto adoption, so I don't think that your 15 trillion crypto market cap prediction is going to happen. The "average Joe" simply doesn't need crypto to pay for groceries and bills. The "average Joe" doesn't want to trade on the highly volatile cryptocurrency markets. Maybe that's why crypto would never hit 15 trillion USD.

What I was waiting here is Link to some sites but luckily there is nothing in which I salute the thread creation .i remember the time when the market is still billion level and now ? we are eyeing in 10s in trillions .

Maybe it has to some extent, but I personally think there is a long way to go and there is still a lot of work to do in order to make digital currency truly mainstream.



I foresee that in the future, one's means of transacting and one's method of saving will be separated. In other words, you will have all of your money in an investment portfolio in some mix of investments (including DCs or not), and then your app will automatically transfer the necessary amount of money to whatever transaction mechanism you want to use in order to make a purchase or pay a bill.

Digital currencies, as a transaction mechanism, have the advantage of not exchanging personal information (e.g. like a credit card). Haypenny digital currency is 100x faster than a credit card and 100x cheaper. Credit cards are fine for a lot of purposes too, and always will be.

The $15T vision is all about memes and meme investments (and to the average Bitcoin buyer today, Bitcoin is just a meme too). We are going to move to a world where memes will trend as they do now (and we're using notion of "meme" here in the very broad sense of the name of any popular concept, e.g. "Gucci" is a meme in this sense) and every meme will have a market cap as well, and consumers will invest in them, and they will go up and down based on popularity.

But the overall market will get a lot bigger once it is ubiquitously safe and convenient for average consumers to invest.