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RE: Cryptocurrencies Market Cap Surpasses $300 Billions - And What Does This Mean?
The highest GDP in the world is US, with $18 trillions, which means cryptos may grow at least 60 times more until they equal just US.
Of course, just a little bit more to meet the Federal Debt of the USA, which is over $20 trillion.
That number I didn't know. But I have a feeling that that debt will never be covered by cryptos. Unless China accepts Bitcoin. Oh, wait...
Ah, well, check here http://www.usdebtclock.org/
Then scroll down to the bottom and look at the unfunded liabilities (Social Security, Medicare, Medicaid, etc). Yes, that is $107+ trillion.
But, don't fret, its not like there isn't twice that much in World Government Debt....oh wait, there is.