Hello Everyone
I always want to know the situation of cryptocurrency and stocks relatively. Current marketcap of stocks is 70 trillion and cryptocurrency market cap is 178 billion.Speculators says that cryptocurrency market reaches 1 trillion marketcap in 2019. What do you think, will it takes few years for crypto market to reach stock market cap or is impossible? or can it overtake stocks?
I think that crypto marketcap will not reach stock marketcap.Stock market has been well established before years and it has a strong network all over the world legalized by almost all governments.But crypto market is in its primitive stage and has just crossed eight years.It has not even been legalized by any of the governments except japan.
So it does not make even sense to compare both.