The world of ecommerce is growing. This is the case for the last 20 years. COVID only kicked it into a higher gear. While the percentage of the whole has dropped back, it is still higher than before the pandemic hit.
In this video I discuss how this major shift is in complete alignment with cryptocurrency. This was not created in the physical world but the digital. As we enter the virtual realm, there is no place for Mastercard or Visa.
Chart talked about in video.
https://fred.stlouisfed.org/series/ECOMPCTSA
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