How Big is Crypto Really ?

I'd like to present an alternative viewpoint. The total market capitalization of cryptocurrencies is 1.8 trillion dollars. Apple stock alone has a market capitalization of 2.5 trillion dollars. Consider it. One public corporation is larger than all of the crypto currencies put together. When you consider the whole stock market and banking system, you can see how tiny crypto is right now. We are still in the early stages. It’s less than 1% of total currency and markets. Overall, there is still a lot of room for improvement. When you consider how the machine and internet exploded, we're still in the early days of crypto currency.

It's not too late, so don't give up. Many programs, if not all, are not guaranteed. If you believe in technology, however, now is the time to invest. It's the same way that people say to themselves, "Oh, I should have invested in Apple or Amazon," after the fact.

The Future of Cryptocurrency

Some economic analysts predict a big change in crypto is forthcoming as institutional money enters the market.

Furthermore, there is a chance that crypto would be listed on the Nasdaq, which would lend legitimacy to blockchain and its usage as a substitute for traditional currencies. Some believe that all cryptocurrency requires is a validated exchange traded fund (ETF). While an ETF will make it easier for people to invest in Bitcoin, there must also be a market for it in crypto, which might not automatically be generated with a fund.

Limitations that cryptocurrency Presently Face:

Any of the current drawbacks of cryptocurrencies, such as the fact that a computer crash may wipe out one's digital wealth or that a virtual vault can be ransacked by a hacker, can be overcome in the future via technical advancements. The more common Cryptocurrencies become, the more regulation and government scrutiny they are likely to face, decreasing the fundamental value of the currency.

Despite the fact that the number of merchants accepting cryptocurrencies has gradually increased, they exist in the minority. In order for cryptocurrencies to become more commonly adopted, they must first gain consumer acceptance.

Conclusion

A cryptocurrency that aspires to enter the mainstream financial system will have to meet a variety of requirements. While that probability seems remote, it is undeniable that Bitcoin's success or failure in coping with the difficulties it faces would have a significant impact on the fortunes of other cryptocurrencies in the years ahead.