Сryptocurrencies to grow to $150+ trillion USD in the new era 2022–2037
- Inflation above 5% will be common in most economies
- US Dollar will be super dominant worldwide. The USA will lead the world in the crypto
- EU economies will grow higher relative to the prior 15 years
- China’s economy will shrink relative to the USA. Its government will reverse opposition to cryptocurrencies for the good of Great China
- Russia will fall into desolation and be disgorged economically and socially in the western world
- Some benefits such as economies of scale and efficiency from globalization will diminish worldwide, more so outside the EU and the Americas
- Cryptocurrency’s total market capitalization will exceed $150+ Trillion USD.
15 years of stupendous crypto growth has commenced.
Epochal challenges and changes have commenced worldwide, sadly caused by a blood-thirsty Putin killing helpless women, disabled, children, orphans, etc
EU, European nations, and the U.K. will spend huge and reconstruct Defence and Energy. Demand and Construction will increase, likewise prosperity.
Price rises for Oil, Energy, and Commodities will cause inexorable inflationary pressure and inflation will be in excess of 5% in the short to medium term across dependent countries. In the long term the dislocation within, and regression from globalization will result in, almost immutable, inflationary pressures globally, especially in dependent countries.
And, oh, add decreases in Efficiency.
The power, spheres of influence, and economy of China will needlessly fall due to its support of Russia, irrespective of its understandable anti-American perspective. Nevertheless, its stance will come at a net cost to Great China. Thus, possibly throwing away its golden chance to usurp or replace the USA in some respects in world affairs.
The world needs a prosperous and Great China.
Putin has atrociously ostracized Russia for at least two more generations after this, with his evil-laden and senseless war. The gross miscalculation of Putin and the Russian Army in invading a peaceful, progressive Ukraine and friendly Ukrainian people is a game-changer in world affairs, world trade, and will cause a realignment in various economies, increase inflation and provide fodder and a massive accelerator for the adoption and growth of cryptocurrencies worldwide.
China can’t save Russia, neither its brain drain nor corporate exodus. It has instead helped to solidify the dominant position of the USD and by extension spur the growth and entrenchment of the world’s sole superpower, the USA.
Why?
It’s now practically impossible to replace the USD in global trade or in Russia’s trade with the world or the USD as the world’s prime reference currency.
The USD is in widespread use worldwide and it’s backed by a democratic government system, the largest and most liquid bond market, furthermore by higher hydrocarbons production, and by the world’s largest economy with an unparalleled innovation culture, and equity markets, and venture capital sector.
Still, looking for further proof?
The Executive Order on Digital Assets by President Biden on 9.3.22 will accelerate the innovative streak of God’s own country, the USA.
Cryptocurrency’s prospects have never looked or been this good. Viewed from all perspectives including governmental, inflationary pressures, and huge public awareness, institutional adoption, and HODL; cryptocurrencies will invariably and inexorably rise in value, become pervasive, and a powerful driver for creating prosperous peoples across the world.
Global poverty will be lower.
All told, earthly factors and the gods favor cryptocurrencies and related sectors. I foresee stupendous growth in the total market cap of cryptocurrencies in excess of $150T, powered by endemic adoption worldwide and the proliferation of cryptocurrencies.
By Mr. Michael
Ultainfinity Global Group
Founder, Chairman & Group CEO
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