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Let’s talk about the realistic market capitalization of Cardano
The market capitalization and price of the native ADA coins are a hot topic of discussion on the internet. People are happy when the price goes up and sad when it goes down. If you are not a trader and understand the mission of the Cardano project then maybe you will stop caring about the short-term price fluctuation. We do not want to speculate about the price without facts and fundamentals. We would like to present the mission of the project and then try to estimate the price if the goal will be achieved. It is a difficult task since nobody is able to ensure the success of the project and there will be a lot of obstacles on the way.
How our social and financial interactions work
Our lives are based on interaction with friends, companies, institutions, banks, and services that are provided by global companies. People communicate with people. Companies with other companies or banks. There are a plethora of possible interconnections. The number grows every year as the digitalization of the world rises. Thus a big amount of all these interactions take place on the Internet. There are a huge amount of transactions that are related to payments, shopping, entertainment, chatting, business, etc. Internet communication is realized via transactions on different protocols. The current problem of the world is that we use many middlemen for various reasons. For example, we use banks as a middleman for two major reasons. The first reason is that banks offer a service that allows us to create an account. We can use the account number and provide it to someone who wants to send us fiat currency. It is a useful solution when there is a long physical distance between participants of the transaction. The second reason is the ability of banks to ensure trust between two entities that do not trust each other. Everybody can choose their own bank to which he or she trusts. We use a lot of internet services that allow us to buy goods, consumer entertainment, and spending time on social networks. We trust big companies like Amazon, Facebook, Google, Twitter, etc. Believe it or not, these companies have a lot of information about us and are able to commercialize the data.
Banks require us to know our real identities. The same is often true for social and…
