Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, June 6, 2023

Visa, Mastercard, American Express And Bitcoin. Fintech

 


The combined market capitalization of Visa, Mastercard, American Express is almost 1 trillion USD.

Visa, Mastercard, American Express along with Bitcoin and cryptocurrencies are considered the epitome of financial technology, fintech today. So most possibly, Bitcoin and cryptocurrencies' intrinsic value is 1 trillion USD + and here is the implicit assumption that Bitcoin, cryptocurrencies or crypto for short do not take over Visa, Mastercard, American Express' business lines.

I remember reading years ago an estimate that the global banking business is worth 10 trillion USD.

Bitcoin, crypto are challenging modern banks' businesses via payments transfers first. So if Bitcoin, crypto achieve 'monopoly', which Peter Thiel has famously said is 'every business' goal', Bitcoin and cryptocurrencies market capitalization could surpass 10 trillion USD.

For now, Bitcoin, crypto are a niche player, but with huge potential.

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