BTSX will be worth 1.5 trillion!citing without context rox
Unreasonable you say... I don't see why.
Folks need to remember that BTSX increases in market cap at some multiple of the cap of the total value of all bitAssets
So if $300B of bitUSD produces a $1.5T BTSX cap what happens if bitCNY also has a few hundred billion in market cap?
Now what about bitEUR?
Now what about bitGLD/SLV/OIL/APPL/Pork Bellies?
If the tech works, and at this point we have proof positive that it does, and if marketing drives any level of adoption, the market cap of BTSX could be stunning. A singularity-type event.
BTSX is essentially a container for the value of all existing and future asset classes.
And when folks put their asset value into the BTSX container they get yield (huge!), negligible counter party risk (huge!), global portability, public ledger, TITAN etc. etc. etc.
Investors can get all the benefits of the Bitcoin protocol yet maintain portfolio allocations/diversification.
Business owners around the globe can reduce banking overhead while accessing new markets.
Hell, a company like Western Union could adopt bitUSD and avoid certain death.
Citizens in bankrupt/corrupt/hyperinflating countries can use bitAssets to preserve wealth.
The 'unbanked' billions can access full banking/investing services for the cost of a pre-paid smart phone - no gov ID, address, credit rate etc. required.
A BTSX market cap in the trillions is an eventuality if there is even a modest level of adoption.
The only speed bump is fiat on-ramps.
The fact that I3 team is making this their No. 1 non-development priority should give investors goose-bumps, especially as Circle is right now proving that debit/credit cards can work as a major fiat on-ramp.
Crazy, but it's happening.