Quote from: Zilon on February 21, 2022, 10:28:19 AM

Quote from: BenjaminGlover on February 19, 2022, 11:23:57 AM

People over the age of 65 accounts for 76 percent of all wealth in the United States.

Consider where the crypto markets will be when the younger generations that have grown up with cryptocurrency reach the age of this group...

for crypto investors to hit this statistic of United States it will require a high level of investment discipline high enough to hold even in the midst of heavy dips. Not every crypto investor will hit that statistic of wealth accumulators except for investors with diversified portfolio and those who also invest in solution solving innovations and not just crypto alone because crypto only covers a fraction of the world economy still not enough to affect the economy

Crypto market contributes a very small fraction of the world economy. In the US 76% of wealth is with the people above 65 years of age. Among that what will be the percentage of people to hold cryptocurrencies, maybe a 30% and here the wealth out of cash is being taken into calculation. If cryptocurrency wealth is also calculated there won't be big variation. This means crypto market is now connected, but isn't prepared enough to contribute to the economy. With time we can experience difference.