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There are 1.2 trillion US Dollars in circulation right now. Meanwhile, the "market cap" of BTC is more than $900 billion, yet it's still entirely a vehicle for
by Aunche 6y ago
There are 1.2 trillion US Dollars in circulation right now. Meanwhile, the "market cap" of BTC is more than $900 billion, yet it's still entirely a vehicle for speculation.
- PragmaticPulp 6y agoTotal wealth of the United States is on the order of $100 Trillion USD. Cash gets way too much emphasis in Bitcoin discussions, while ignoring the fact that investors aren't investing in cash anyway.
- perfmode 6y agowould it be valid to state that Apple is 1% of United States total wealth? Are the lines blurred because of multinationalism? Am I looking at apples and oranges?