Cryptocurrency market cap surpassed $1 trillion dollar mark in Jan, 2021.
What next after $1T? $2T, of course!
A recap of the personal’s viewpoint journey, thanks to Facebook as timestamp log:
Who has got similar view? Bakkt.
“Bakkt and VPC believe there is enormous potential in building a marketplace for the nearly $2T of digital assets that exist today and the many others that will be created because a marketplace such as this exists for both brands and consumers.” ~ Bakkt CEO Gavin Michael told Cointelegraph.
Who is Bakkt?
NYSE owner Intercontinental Exchange (ICE), tech giant Microsoft, and Starbucks have partnered to launch a new company, dubbed Bakkt, that will look to develop an open, regulated, and global ecosystem for digital assets.
As a matter of log,
Delphi Survey in 2018 stated the possibility of people borrowing money via cryptocurrencies.
Screenshot of CoinMarketCap.com back in 2018 when the total market cap was still around ~$211B and BTC priced at ~$6k
Will bitcoin become the digital gold 2.0? Or is it just a matter of time?
How to reach $2T market cap?
(1) less regulatory uncertainty,
(2) a developed market infrastructure, and
(3) less risk surrounding security.
“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.”