I've seen posts in the recent past to show that in a year, market cap has grown 900%. This growth has been fairly organic. Nobody is advertising crypto on TV, radio or in the movie houses. Most of the growth has been by word of mouth and the promotion is done by people who really believe in crypto.
The decentralized aspect to crypto is very, very appealing. I also like the way crypto is displacing government issued currency. That means to me, if crypto becomes the norm in every day life, we can move away from the boom and the bust cycle that has been engineered by governments around the world.
The most interesting aspect to crypto is that it's fairly democratic. A cryptocurrency only has as much value as people are willing to give it. I think that the turning point will come when we stop calculating value in terms of the dollar and start to think of crypto value in terms of commodities like labor, oats, coffee and steel.
yah think?
we don't think of fiat in those terms
if we did it would be startling.
forex...we (in the US) spend less than ten percent of family income on food.
DOWN from about seventeen percent less than fifty years ago.
which was WAY DOWN from any time in history up until then.