DeacMan
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- Mar 20, 2011
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Same here. Traditional banking will never go away though, short of a full apocalyptic event, as I can't see governments switching over to a cryptocurrency.
Agree it won't go away, at least not for a super long time. But if ETH manages to capture 1% of the global financial transactions markets it would be valued at over $40,000 per ETH. And that's before they input a deflationary model on the token this summer. And DeFi is just one use case for ETH. Seems like it might be able to grow to something around that mark or that it's at least worth a punt that it does given that would be a 7X return on your money if it came to pass over the next 5-10 years.