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I mean what percentage of all money being spent is being spent on cryptocurrency stuff? Surely that’s gotta be approximately 0%.
by tshaddox 5y ago
I mean what percentage of all money being spent is being spent on cryptocurrency stuff? Surely that’s gotta be approximately 0%.
- coralreef 5y agoDon't know if percentage of money being spent is a good metric, but Bitcoin is 92.45% the market cap of silver, and 11% the market cap of gold.
- tshaddox 5y agoPercentage of money spent ought to be significant if the claim is that demand for crypto is meaningfully substituting for demand for physical goods.