This is exactly right. "These are still early days."
PayPal processes $240 billion worth of transactions a year and has a marketcap of $45 billion.
https://finance.yahoo.com/q?s=PYPLVisa processes $4.8 trillion worth of transactions a year and has a marketcap of $181 billion.
https://finance.yahoo.com/q?s=VA $9 billion marketcap is nothing for a technology that will most likely compete with all current financial institutions.
Bitcoin has first-mover advantage and is the top brand, but NEM will have second-mover advantage being more efficient and feature-rich.
Bitcoin
-Has inflation (14,437,800 btc in circulation, that leaves 6,562,200 btc still left to mine).
https://blockchain.info/charts/total-bitcoins https://en.bitcoin.it/wiki/Controlled_supply-Energy hog Proof-of-Work block reward algorithm. (PoW a.k.a. Proof-of-Waste)
-PoW mining causes monetary inflation.
-Slow 10 minute transaction confirmation.
-Poor initial distribution.
-No asset exchange.
NEM
+Zero inflation (fixed supply, all 9 billion coins released at launch).
+Energy efficient Proof-of-Importance block reward algorithm. (PoI is environmentally friendly and rewards only the most active nodes.)
+PoI harvesting, no monetary inflation, coins are earned solely from transaction fees.
+Fast 1 minute transaction confirmation.
+Relatively large egalitarian distribution.
+Delegated harvesting.
+Encrypted messaging.
+m-of-n Multi-signature.
+Eigentrust++ peer reputation management.
+One-click install client.
+Ninja releases!
future:
+Business rules.
+Decentralized asset exchange.
+Mobile wallet for Android and IOS.
+...
NEM is built 100% from scratch (not a fork of Bitcoin or Nxt). The devs engineered NEM for the future with 9 billion* XEM.
*actually 8,999,999,999 XEM (Burning 1 XEM gave us that "fortunate" eight at the beginning.)
Estimated population, based on current growth trends, to reach 9 billion in 2040. https://en.wikipedia.org/wiki/Projections_of_population_growth
World population to exceed 9 billion by 2050. http://www.un.org/esa/population/publications/wpp2008/pressrelease.pdf
Bitcoin: 21 million/1 satoshi = 2.1 quadrillion units.
NEM: 9 billion/0.000001 = 9 quadrillion units.
The unregulated derivatives market is ~$1.5 quadrillion dollars.
http://moneymorning.com/2014/10/01/taking-profits-in-a-1-5-quadrillion-bubble/NEM is designed to accommodate our entire global economy.
NEM has great potential. In the future I can easily see 1 XEM being valued at 1 fiat dollar.
Nice summary someone needs to make an infographic out of this ...