How large can the total crypto market cap grow?
Thoughts?
10T is certainly possible in a few years
If RBC believes that's the case the why tf did they ban crypto purchases with credit card AND remove themselves from Quadriga cx?
it will only go down from here
because they need to able to track crypto even more so they can tax the shit out of leafs
so they can make the gains themselves and not their worthless customers
>t. RBC President
fud until everyone gets out. buy in. promote and praise blockchain/crypto. profit
I'd say 300T by 2021 is a conservative estimate, considering adoption of heavily industry disrupting technology across anything from fintech to logistics are coming online and starting to be adopted in 2h 2018 and 1h 2019.
and by adopted, I mean by the giants of today, like swift, nestle, alibaba, etc.
Same problem here.Now i have to find a new bank.assholes
because they're collaborating with all of the other banks to shut people out of entering the crypto market as best as they can. the idea, of course, is that they'll let people in when they have their own project(s?) together.
the remaining banks that are listed on quadriga—TD, scotiabank, and BMO—are all only offering visa/mastercard interac debits (as opposed to regular interac debit cards) to new customers, which "are not enabled" for interac e-transfers. funny.
your only option is to either go with one of the many credit unions that have interac debits, or to buy bitcoin/ethereum/whatever locally.
Many trillions 10 is a low estimate to start with long term of corurse 70+ trillions. It wont be the same by then much new advancedments i may not be called crypto anymore.
Coinsquare works with interac e transfer.
>Canadian banks: there's a 10 trillion dollar market opportunity out there
>also Canadian banks: have a credit card attached to us? Can't buy crypto anymore, because we say so :^)
not if your bank decides it doesn't want you to complete an e-transfer with someone they don't like.
One of the only avenues I have left to buy crypto without paying obscene double-digit (((transfer fees))) is to buy Second Life Lindens and then exchange those for BTC. Fuck this country.
This
yo, using second life currency to buy crypto? that sounds risky, and ingenious. will keep it in mind as another way around the blockades of the banks and payment networks.
>buying a highly speculative asset with credit
10T by when?
Thank you for the great answer! Credit Union bank debit card is the only way to purchase cryptos at this point, I agree. The Jews dont want us in.
A LOT, but only after we fight the centralized banks and governments of the world who aren't as...forward thinking.