/biz/ - Business & Finance

>>21336619
>but that’s the ceiling

>>19206161
>He thinks the crypto market has any effect on the financial system
Kek even if BTC went to $1 million each, it's market cap would still only be like $18 trillion.The US national debt is higher than that. It will just become absorbed into the current system as another speculative asset like oil and gold futures.

>>18915638
If Bitcoin goes to $1 million each, the market cap of it would be somewhere around $18 trillion. That might sound like a lot, but the US national debt is higher than that. And that doesn't even count the $1 quadrillion+ derivatives market. So no, BTC will not disrupt the current financial system. It will just become another asset class.

>>13277337
>well most markets have useful shit behind them.
They don't. Does this look like it's supported by anything to you?

>>13261955
>Implying real money needs to be used to make that happen.
Kek

>>12352836
>>12352836

>>12258480
>"the current system not only works it's actually a decent system. the only problem it has is how it's governed."
>the system works but doesn't

>>5512724
It's all in derivatives; that's the final bubble.