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March 20, 2018, 09:29:49 AM |
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I don't think that will ever happen. Even at crypto's peak mid-December, it wasn't even able to crack 1% of the world's GDP.
Take note: I said crypto, as in the cryptocurrency market cap as a whole, not just Bitcoin. The world's GDP amounts to around $77.9 trillion dollars. To reach that value, assuming that Bitcoin's circulating supply is at its peak at 21 million, each coin would have to be worth $3.66 million. The world's GDP grows annually too, so the requirement is gradually going to get steeper.
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