We are creating value, so much value that by merely existing the cryptcurrency market has created 10 trillion dollars of value and has added 10's of trillions more in value by allowing internet access of all sorts of assets across the world. Cryptocurrency will triple the global market by 2024.
Where did you get those 10 trillions from?
The entire market cap is below 800 billiosn and market cap means nothing.
Imagine somebody trying to cash out 100k BTC , the market cap will be down to 100 billions, if it will hold ..
And what other 10 trillions of value? To what????And cryptos will triple the global market By 2024?
What global market?
Let's say you have stocks in mind, triple of what we have today it would mean another 40 trillions.
If that happens by 2024 then we're heading indeed to the bubble of all bubbles.
We clear out transactions every 10 minutes... the traditional network can take 2 weeks or even months to transfer money physically from one location to another; this is why there are different currencies in the world... it's easier to transfer money if it's just a change of moneys.
You know.... this is not quite the right time to post this.
Because what you say and what happens now in reality is a loooot different.