Hello everyone Square family.
Some of the data I will share with you may provide value for your predictions.
According to IMF 2023 figures, the total world economic size is at current (nominal) levels of $105 trillion.
According to the Bank for International Settlements (BIS) 2023 year-end data, the total contract value of derivatives traded in over-the-counter markets is (national) $667 trillion.
This means that there is a virtual financial economy that is 6 times larger than the real world economy.
The virtual finance / crypto industry continues to grow.