Here's why I think $6 trillion is completely reasonable:
1. Wall Street hasn't jumped in yet.
2. Big business still has its toes in the water.
3. There's widespread and mainstream awareness, but very little mainstream adoption.
4. We're going to see at least one governments currency collapse soon, with that nation switching to cryptos. That will begin a widespread acceptance of cryptos as legitimate.
5. The trend in the general population is anti central authority aka. big banks, governments, big corporations. Look at brexit, Trump, the rise of nationalism against the EU, etc. Cryptocurrencies are the embodiment of anti authority and giving the people more control over their wealth.
With so many catalysts, a 10-12x growth for this market is definitely a possibility.
What do you all think?
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@charteroakpublic
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I think your last two points are wrong, your fourth point is something we all know the current system is unsustainable, however the market is not rational if it was all the economy should have collapsed already so I do not know if we are going to see any collapse soon, and your fifth point is mistaken as well, centralization is all over the place but people do not see it, people use Facebook, Google and many other apps that have accesa to all their information and governments are becoming more centralized as well, so I do not see a decentralization trend at all.