Money Will Permanently Flow Into Cryptocurrency This Decade I've had a simple investors thesis when investing in cryptocurrency since 2017. I've always judged the growth of cryptocurrency by the growth of the market cap. The more money that comes into cryptocurrency the more prices will appreciate (certain cryptocurrencies of course). The more money that comes in the more innovation, use case, public interest, and opportunities grow. When I started heavily investing in cryptocurrency the market cap was only about $180 Billion and I always believed that cryptocurrency would eventually exceed $1 Trillion dollars the more the use case and user base grew.
Today we're right at a $2 Trillion market cap and my thesis remains stronger than ever. Cryptocurrency in a whole is easily a $10 trillion global market this decade at a very conservative estimate. In a big macro perspective consider:
* The entire global money supply will dramatically increase by 2030 ( M0, M1, M2, M3).
* The growth of Crypto ETFs.
* Better cryptocurrency regulatory infrastructure.
* More countries will adopt Bitcoin as some form of legal tender. We will see this new economic philosophy heavily spread throughout South America first and eventually spread to countries facing severe devalued currencies.
* All assets and prices will dramatically increase by 2030 due to infinite money printing policies.
* The use case for decentralized finance and digital based economies will expand as the world continues to grow more digital. Most of the worlds money and value is already in digital ledgers.
* NFT's will be global cultural digital artifacts stemming from the digital age. Not all NFTs of course.
* The generational shift from predominately Baby Boomers to more Millennials will grow by 2030.
* Corporations and financial institutions will heavily adopt Bitcoin to hedge against devaluing dollars.
* Cryptocurrency is spreading faster than the internet.
I believe we will be re-testing market all time highs by the end of this year at $2.5 Trillion. If we continue positive momentum through out the rest of this year Once we hit our Fibonacci level 1, I believe we will have a run up to the 1.618 Fibonacci level over $3 Trillion. There will be another wave of FOMO hitting the market. We are still so early in cryptocurrency we haven't even scratched the surface. More money comes into the space than out of it over time.
Happy HODLING. Much peace, love, health, and wealth!
