Also the article you posted very specifically says that the market cap of cryptos is equivalent to 7% of the narrow money supply (not the full money supply, and NOT that crypto currently makes up about 7% of the world's money supply). Doesn't make sense to compare non-narrow with narrow IMO - i.e. you need to include ALL assets with the same liquidity.
Ok, thanks for the feedback. Do you think my points are still valid under this less extreme scenario?
Let's assume a 25x - 50x increase of the value of all crypto in a 5-10 year time span.
What percentage of all relevant assets would that make up? And would it be enough to destabilize world economies enough for governments to take action?
That quick search is clearly way off, It's closer to 0.1% - 1% depending on how you calculate it.