Great post.
Brendan Bernstein

Thanks. For this sort of top down analysis you can ultimately use any big number and take a % of it, it’s all finger in the air really. My point on GDP specifically is that GDP is (largely) personal consumption expenditures, i.e. what consumers actually spend for goods and services. So it‘s made of revenues that companies earn to provide those goods and services, and I don’t think you can compare a ‘revenue’ number with crypto market cap which is a ‘value’ number.

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