This is what a quadrillion looks like written out: 1,000,000,000,000,000.
Super exciting times and it has just begun to steem up a little more this year with BTC, ETH and LTC all on high gaining grounds with more insertions, new hedge funds, approvals and real applications . speaking of which -cryptokitties is the new pokemon-go on the ETH block (yes it is for real and it's not about collecting or breeding digital cats but it is about validation of the humongous power of crypto Ecosystem with ETH.
So back to Quadrillion Dollars , the broad money that exists today in world by different measures is calculated at around 90 trillion dollars. If we add derivatives (crypto currencies and others) on top of it, the world money stands at somewhere in Quadrillion dollars)
Will pick few of the areas where the world of crypto currencies (based on technology merits and prowess) has huge potential to make substantial dent (in other words gain market share) (taking a different approach than 10% of world GDP by 2025 to focus on use cases)
a) Supply Chain $53 trillion dollars
b) Finance/Banking $13 trillion dollars
c) World Stock Market $70 trillion dollars
d) Technology as a means for instrumenting other verticals is trillion dollar market
#supplychain By one estimate 2.5-3 billion people are directly or indirectly associated to supply chain and ETH platform has a huge potential for insertions with smart contracts, ledgers and more.
#Finance #Banking World finance/banking market is already steaming with BTC, ETH, LTC considerations and scrambling for adoption. Remittances is the easiest to pick and replace on crypto block.
#IPO #ICO ICO is the new IPO, coinranking lists 2500+ of them already and yes few are like dot-com bubble static websites sold for millions but that has been the case for IPO's as well, so diligently watch, learn, play and earn in a new world of investing.
#Technology A techie by heart, product manager by profession, so this one is close. From iot (IOTA)), payments(XRP) to super computing (GMT), From supply chain to voting, From finance to insurance, From coins with any purpose to crypto eco-systems (wallets, vaults, tools, blogs, media) the opportunities are just endless.
Whats the point of writing all this, the point is that Quadrillion $$$ worth of opportunities is up for grabs and hats-off to the new revolution called crypto, it's a game changer and here to stay due to merits.
I wish everyone involved directly or indirectly a huge success in this endeavor and am here to learn with you all.
Thank you for reading and Good luck !!