Hacker News new | ask | show | jobs
by quickthrowman 1252 days ago
There is very little real liquidity in cryptocurrency, there was never $2T of it to begin with. I’d be surprised if people put more than 1-2% of $2T of actual USD into cryptocurrency.

The answer to your question is “No.”

As a contrast, around $500B of US Treasury bonds trade every. single. day, and they’re all made with real currency