The entire cryptocurrency market is now worth less than McDonald’s

Chew on this: the entire cryptocurrency market now has a smaller market cap than fast food titan McDonald’s. The total worth of the cryptocurrency market has fallen to $139.7 million – a staggering 80-percent-plus downswing compared to a $819 billion market cap in January 2018. By comparison, McDonald’s market cap currently stands at $140 billion. A stark contrast between visions and reality True, the comparison to McDonald’s is tongue-in-cheek – and admittedly not that insightful. But it does expose a stark contrast between hype and real-world use cases. For all the grandeur visions of decentralization, transparency, and security in a…

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