It will be impossible for centralized bank to have higher market cap than Bitcoin because gradually fiat is depreciating and bitcoin value appreciates, which is giving people more confidence to invest in bitcoin and abandon fiat because of lack of confidence in fiat. Banks are run by individuals but bitcoin is decentralized.
Then how do explain the 3.9 trillion in assets JPMorgan has?
There are 23! banks in the world each with more assets under control than the total marketcap of bitcoin
https://en.wikipedia.org/wiki/List_of_largest_banksI agree with you, but don't you think that part JP Morgan assest was inherited and it means that those asset have been there from one generation to another generating profits which has increased the market cap of his asset. Bitcoin is still young and if as presumption, the price of bitcoin increase overtime, we might see bitcoin market cap above JP Morgan total asset market cap. Those banks have been in existence even before I was given birth to.
Thanks for the list.