What if all the money in the world entered the cryptocurrency market?

[Slow death]

This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.

when bitcoin has a big pump like this current pump that is having because of a possible ETF approval the price of altcoins in relation to bitcoin starts to drop a lot, but the fascinating part is that days after the bitcoin pump disappears the price of altcoin against bitcoin starts to rise and this causes the price of altcoin against USD to have increases of more than 20%

This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.

I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

I agree well in part with what you said, and I think that at least 70% of the world's population will have at least heard about cryptocurrencies in a few years' time.

[blatchcorn]

I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

Crypto is popular among its community member and right now its in every country. The no of people that are using it or fully understand it are  still very less in number. To me crypto is far from becoming a fundamental technology or may be never, primary reason you have already mentioned.

[xSkylarx]

I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

Crypto is popular among its community member and right now its in every country. The no of people that are using it or fully understand it are  still very less in number. To me crypto is far from becoming a fundamental technology or may be never, primary reason you have already mentioned.

There are lot of people now a days that know bitcoin and what it is but they didn't put their money to since they know that is is very risky . Since the pandemic came the netizen get curious of bitcoin thats why they research and get know bitcoin . But it is really innovation into currency system now a days and also it is great for the future . I think if all money entered the crypto is the price will stabilize i think since there are balance supply and demand which i think not that good for the investors.

[Darker45]

If, and this is clearly a question of if, all the money will enter the crypto market, the first beneficiary will be Bitcoin. That's probably more than enough for Bitcoin to reach a million USD. How probable is this, though? I'd say it has very low probability. Money may, or perhaps will, completely turn digital but there will probably never be an exodus of fiat money into the current crypto market that we know of. That's for as long as government systems will continue to prefer that control over monetary policies be upon them.

[peter0425]

This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future

if all the money in the world will be invested in crypto there is no assurance that bitocoin will grow that high(1 million dollars per bitcoin) because there are possibilities that they will be investing in different coin not in bitcoin only.
if you mentioned to be bitcoin specifically then it is not only a million but maybe 10 million dollar or more per btc.

[South Park]

This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.

I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

It depends on what they mean by this, I think that 50% of the world population using bitcoin exclusively is probably never going to happen, however a 50% of the world population using bitcoin along with fiat seems way more realistic, after all once an idea becomes widespread then it gets explosive adoption, this is what we are seeing with social networks all over the world in which now the majority have an account in one of the many different social networks that exist, and something similar could happen in the world of cryptocurrencies.

[molsewid]

It depends on what they mean by this, I think that 50% of the world population using bitcoin exclusively is probably never going to happen, however a 50% of the world population using bitcoin along with fiat seems way more realistic, after all once an idea becomes widespread then it gets explosive adoption, this is what we are seeing with social networks all over the world in which now the majority have an account in one of the many different social networks that exist, and something similar could happen in the world of cryptocurrencies.

Or maybe it is only 25% of the world's population solely using bitcoin in any transaction is possible and a 50% population using bitcoin along with fiats but the rest of the 25% population will be totally not going to use any transaction that will be link to bitcoin or to cryptocurrency because the population of the world that has no capable to adopt the fast changing technology also able to purchase any gadgets because of the poverty. So we can't assume the world where the whole currency entered in cryptocurrency market be like because fiat's will still in picture even every country accepts bitcoin.

[syedakhlaque]

This may be possible but after a long time waiting. It is seen that Bitcoin is being used for international trade & payment in different countries. Cryptocurrency is getting popular in all business communities . Youngsters are eagerly joining this trade. I think that cryptocurrency will maintain its value and status in markets of the world . The flow of cryptocurrency cannot be controlled by anybody or a country. But today it is very far saying" all the money in the world entered the cryptocurrency market"But in the future, anything can happen.

[TimeTeller]

This may be possible but after a long time waiting. It is seen that Bitcoin is being used for international trade & payment in different countries. Cryptocurrency is getting popular in all business communities . Youngsters are eagerly joining this trade. I think that cryptocurrency will maintain its value and status in markets of the world . The flow of cryptocurrency cannot be controlled by anybody or a country. But today it is very far saying" all the money in the world entered the cryptocurrency market"But in the future, anything can happen.

I don't know if that situation will happen in our lifetime.
Because with traditional banking system alone, I don't think they will disappear in our time.
Major population on this world are still depending on the services of traditional banking system.
Though the OP is just asking a theoretical scenario here, but don't expect too much.
Just be glad that crypto adoption is growing everyday, which can contribute more demand from the market.

[glendall]

one thing that is impossible if bitcoin is adopted all over the world. because bitcoin is very protective of all governments,
but if it is true that it can be adopted then the price of bitcoin will be more than 1 million $ per unit

investment opportunities in crypto now and in the future I think it's still good and can be relied on for its profits and can be passed on to our children and grandchildren

[sgenuine]

I don't think that authorities will let crypto replace traditional financial system. They may start banning withdrawing crypto, centralised exchanges, everything that they can close as they don't want to lose control over finances. Anyway, I am sure that crypto will become more and more expensive within time so earlier we start invest, the more will get in the long-term.

[seoincorporation]

if that happens then money and cryptos will lose their value. i will be clear with the title 'All the money, so, imagine a world without money because all of them is in the cryptos market. So, if no one can buy cryptos because no one has money then any kind of money will lose sense.

I feel like it's a tricky question mate... There is approximately US$ 40 trillion in circulation, and it's the fuel for humanity to evolve, without the money being spent the humanity would get stuck.

[bosede1]

You know that this is just mere imagination which is not totally impossible, all the money in the world cannot be narrowed into the cryptocurrency market. We possibly look towards a day where majority of the Country will adopt crypto  into their economy.

[7788bitcoin]

I don't think that authorities will let crypto replace traditional financial system. They may start banning withdrawing crypto, centralised exchanges, everything that they can close as they don't want to lose control over finances. Anyway, I am sure that crypto will become more and more expensive within time so earlier we start invest, the more will get in the long-term.

It is a thought process that majority of the cryptocurrency investors would like to see, more investors in the market so that they could make millions of dollars and that is where this idea stems when there will be major adoption. The fact is you cannot expect everyone to invest in the market, there are many that will burn their balance once the bear market starts looming over us and it is a natural progression  .

[uneng]

• There is approximately US$ 40 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts.
• Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.3 quadrillion.

The value of all cryptocurrencies in circulation (over $2 trillion) and investment in commercial real estate ($30 trillion) also represent a small portion of the total money in the world. Bitcoin, for example, accounts for less than 1% of the world’s money.

How Much Money Is There In The World? | 2021 Edition

So I think we could say if all the money in the world was invested in crypto currency, and more specifically in bitcoin, we could say the price would grow x100, reaching to 6,600,000$ dollars. That is just my basic understanding though, taking in consideration bitcoin represents less than 1% of the world's money.

[qwertyup23]

Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future

I doubt that this would happen even in the future. Remember that transacting through fiat has been recognized around the world due to its convenience and point of reference among countries. Since all adhere to such standard of payment, it is obvious that its price derives depending on the economics and financials of the country.

If all countries dedicate their whole money and entered into the cryptocurrency market, then that would just be chaos impending. The value of cryptocurrencies is too volatile and that would cause every value of fiat to decrease on the market rendering it obsolete.

[blatchcorn]

Crypto is popular among its community member and right now its in every country. The no of people that are using it or fully understand it are  still very less in number. To me crypto is far from becoming a fundamental technology or may be never, primary reason you have already mentioned.

There are lot of people now a days that know bitcoin and what it is but they didn't put their money to since they know that is is very risky . Since the pandemic came the netizen get curious of bitcoin thats why they research and get know bitcoin . But it is really innovation into currency system now a days and also it is great for the future . I think if all money entered the crypto is the price will stabilize i think since there are balance supply and demand which i think not that good for the investors.

If you see government regulations regarding decentralized crypto then they are very much same even in pandemic. I don't foresee that government will soften its stance on decentralized crypto in near future. Its the community that is driving the crypto market for past 10 years and will be major factor in coming years also. Nonetheless it will be good if all money in the world enters crypto i.e. fiat is replace by crypto. But thats something not happening now.   

[kanayaTabitha]

if that happens then money and cryptos will lose their value. i will be clear with the title 'All the money, so, imagine a world without money because all of them is in the cryptos market. So, if no one can buy cryptos because no one has money then any kind of money will lose sense.

I feel like it's a tricky question mate... There is approximately US$ 40 trillion in circulation, and it's the fuel for humanity to evolve, without the money being spent the humanity would get stuck.

I think when these things really happen, the world is no longer need fiat money instead of stable cryptocurrency like USDT.
So people no longer buy things with fiat and people's income or salary is directly transfer to stable cryptocurrency into their addresses.
I think this decentralized of money will happen somewhen in the future could be more than 50 years, because to realize this we need the world with all the human knows the technology like the human know the money in current era.

[Maidak]

Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future

I doubt that this would happen even in the future. Remember that transacting through fiat has been recognized around the world due to its convenience and point of reference among countries. Since all adhere to such standard of payment, it is obvious that its price derives depending on the economics and financials of the country.

If all countries dedicate their whole money and entered into the cryptocurrency market, then that would just be chaos impending. The value of cryptocurrencies is too volatile and that would cause every value of fiat to decrease on the market rendering it obsolete.

Both fiat money and cryptocurrency are equally important. Each one has its individual function,
It is not possible to give precedence over one to another. In many cases, we must have to use Fiat Money, cause there is no alternative. For example, you know that in the case of cryptocurrency, chargeback is not possible, once the payment is broadcasted, there is no way to get it back. We need chargeback for banking transactions and our daily transactions. So in this case you must have to use Fiat Money.

[JohnBitCo]

This is very likely to happen in the future, if the bitcoin price goes up to these fancy numbers then most of the altcoins will surely follow suit as always, yes i have thought about this before and decided to buy small amounts of several well rank altcoins in the market It can rise to fantastic numbers one day and I will leave it to the distant future and be like a fortune that I pass on to my children when they grow up.

I don't think this is possible, first, cryptocurrency is just an alternative to fiat and no government would sacrifice their own currency just to invest in crypto. For me, it's not gonna happen, not even 50% of the world's population will use cryptocurrency in the future.

One day this will happen when the fiat money will be completely replaced by the digital currency. The way crypto is being adopted , i think we are not far away to see this time.

Although banks and governments oppose this change but eventually this change will happen.