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?
I agree with 2, 3 and don't want to comment something I agree on.
I don't agree on 1 because you don't know that. I am pretty sure wall street has jumped in.
I don't agree with 4 either, local authorities won't let it happen.
5 - look how many people have invested in ripple. Take a look at exchange regulation. Anti central authority my ass, things you mentioned have nothing to do with crypto, it is politic.