I seriously doubt it will ever replace the stock market because it's not even the same type of investment. Cryptocurrencies are more like a commodity and a completely different security type. I could see them working together however as part of a balanced trading portfolio to help someone diversify into different areas and through the use of future trading also as a way of hedging their positions on various ways. It could prove to be a very popular option over the next 10 years.
A lot is up in the air as of now, but before making any predictions it is important to keep a few things in mind.
First thing is that present day crypto is aiming to become the money that people use. Which means that the important question to ask would be - ' Will crypto replace fiat money?'.
Second thing would be to remember that stock markets are just a small slice of the bigger pie. Total world debt is in excess of $200 trillion. Amounts in derivatives alone could be anywhere between $500 to $1000 trillion. Total Stock market valuation is $80-$90 trillion.
If crypto were to just receive just 1% of the total combined wealth of the world (on paper) then market cap of the cryptocurrency would be in tens of trillions of dollar.
I would only venture to say that not crypto has the worlds attention, it will now first needs to establish trust. I think the coming decade would be used for making inroads and establishing trust.
I don't think so i know some people don't agree with me but it's reality cryptocurrency market is overhyped! I'm not saying it will not cross all time high and all that profits things. From now it can be go 20x even 100x but it will never replace stock market. Because in crypto 90% project have no working product. They have only ideas and there is no use-case product are on paper only so this kind of projects are come only for money so they don't have potential to grow. That's why invest in only those coins who have working product and use-case.
Let's see what will happen in future but crypto market will give you huge profits in future they have to much potential to grow but not like that to replace stock market.
Ten years is pretty quick for such a large change but maybe 30 years would be more realistic. As blockchain technology increases in use and companies become comfortable using it in such applications as inventory tracking they might also start to replace their public shares with tokenization. Of course this also depends on how laws will develop to regulate industry and blockchain use.
I think that depends a lot on what you mean by "the crypto market." In a lot of ways equity stocks are already ownership tokens, and in terms of functionality a blockchain approach to holding and trading them would make a lot of sense. I would be surprised if, ten years from now, there wasn't some sort of method of cryptological ownership underlying the stock market.
Does that necessarily mean it will look much like cryptocurrencies as we know them now? Probably not. We have some ownership tokens around, but mostly the well-known coins operate as something closer to currencies, and wouldn't be very useful in the context of owning part of a company.
But remember that blockchain technology can be used by anybody, and it can do a lot of things that aren't currency. It's particularly well-suited for tokenizing things of real value and allowing people to trade them easily and simply. Which is also the purpose of the stock market, so they seem like a natural fit for each other.
I seriously doubt it will ever replace the stock market because it's not even the same type of investment. Cryptocurrencies are more like a commodity and a completely different security type. I could see them working together however as part of a balanced trading portfolio to help someone diversify into different areas and through the use of future trading also as a way of hedging their positions on various ways. It could prove to be a very popular option over the next 10 years.
A lot is up in the air as of now, but before making any predictions it is important to keep a few things in mind.
First thing is that present day crypto is aiming to become the money that people use. Which means that the important question to ask would be - ' Will crypto replace fiat money?'.
Second thing would be to remember that stock markets are just a small slice of the bigger pie. Total world debt is in excess of $200 trillion. Amounts in derivatives alone could be anywhere between $500 to $1000 trillion. Total Stock market valuation is $80-$90 trillion.
If crypto were to just receive just 1% of the total combined wealth of the world (on paper) then market cap of the cryptocurrency would be in tens of trillions of dollar.
I would only venture to say that not crypto has the worlds attention, it will now first needs to establish trust. I think the coming decade would be used for making inroads and establishing trust.
I don't think so i know some people don't agree with me but it's reality cryptocurrency market is overhyped! I'm not saying it will not cross all time high and all that profits things. From now it can be go 20x even 100x but it will never replace stock market. Because in crypto 90% project have no working product. They have only ideas and there is no use-case product are on paper only so this kind of projects are come only for money so they don't have potential to grow. That's why invest in only those coins who have working product and use-case.
Let's see what will happen in future but crypto market will give you huge profits in future they have to much potential to grow but not like that to replace stock market.
Ten years is pretty quick for such a large change but maybe 30 years would be more realistic. As blockchain technology increases in use and companies become comfortable using it in such applications as inventory tracking they might also start to replace their public shares with tokenization. Of course this also depends on how laws will develop to regulate industry and blockchain use.
I think that depends a lot on what you mean by "the crypto market." In a lot of ways equity stocks are already ownership tokens, and in terms of functionality a blockchain approach to holding and trading them would make a lot of sense. I would be surprised if, ten years from now, there wasn't some sort of method of cryptological ownership underlying the stock market.
Does that necessarily mean it will look much like cryptocurrencies as we know them now? Probably not. We have some ownership tokens around, but mostly the well-known coins operate as something closer to currencies, and wouldn't be very useful in the context of owning part of a company.
But remember that blockchain technology can be used by anybody, and it can do a lot of things that aren't currency. It's particularly well-suited for tokenizing things of real value and allowing people to trade them easily and simply. Which is also the purpose of the stock market, so they seem like a natural fit for each other.