.. which in turn is also pocket money compared to some Federal programs around the world, institutional use of retirement funds, inflated property values and insider loans.. all absolutely without one bit of cryptocurrency in them. smell the coffee, fraud is everyday
Looked another way, it may make our security systems more robust. Much rather have to pay money to some hacker to get my data back then wait for some future where a nationstate does it to cause harm.
...which is pocket money compared to the federal reserve teasing the rate increase for the last 12 months while the stock market is whipsawing and mopping up excess money from the retailers.
crypto is huuuuge. I mean, the market cap is $1.5 trillion alone. That is easily more than all OTC stocks combined. Then you have crypto companies like Coinbase and Binance, so another hundreds of billions.
Thankfully I think the total market cap of OTC stocks worldwide is closer to ~100T so crypto is only 1%. Still a massive amount when you think about it.
lol it's not hard. people keep saying this. exchanges process insane volume even when taking into account churn volume. There are hundreds of exchanges. The odds are almost 100% you can process anything.
Monero's Market Cap is 4,2B & Volume was $164M today so... Kinda.
but also, no one moves that kind of money without thousands of microtransactions, plus the arbitrage bots start to feed when there's alot of volume making it more stable than the normal financial system.