| a) market cap is meaningless for currencies - you want to look at transaction volume b) you're comparing apples and oranges - the market cap for USD is not the total value of printed currency c) btc transaction volume currently averages about $65M per day, which is $23.7B p.a - about 4x the size of the Apple App Store and about one-eighth of PayPal's $180B p.a and larger than all but the top 3-4 online payment providers d) it is still very, very early days for btc. it's goal is to not replace PayPal, but to have these payment gateways build on top of it. e) there are dozens of blockchain based applications currently in design, draft, development, beta test etc. f) the current implementation of btc for payments is horrible yet despite that it has established itself as a viable payment backend with a non-insignificant portion of the market g) comparing bitcoin with any fiat currency, let alone the worlds major reserve currency, is very flattering |