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Cryptoasset market value

ARK Invest, Big Ideas, 2024, published 2024-01-31

Global money supply has grown in tandem with GDP, and cryptocurrencies now account for ~10% of the total.

Verdict

Not graded yet.

idea: Convergence
target year: 2030
metric: cryptocurrency share of global money supply
value: 10
unit: percent
subject: Cryptoasset market value
page: 14
confidence: medium
note: Text from an 'ARK's 2030 Expectation of Progress' table; the PDF text layer interleaves two columns, so the quote is reassembled from fragments. Same table: cryptocurrencies take 40% share of the flight-to-safety (gold) market.