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GDP is a flow. It would be better to compare the total assets of France to Bitcoin’s market cap. France’s public stocks have a market capitalization of over $2T
by atdrummond 4y ago
GDP is a flow. It would be better to compare the total assets of France to Bitcoin’s market cap. France’s public stocks have a market capitalization of over $2T alone. Then there are private firms, real estate, personal and government assets, IP, etc. In short, France’s actual worth far dwarfs that of the BTC market.
- eterm 4y agoRight, trying to compare GDP and "market cap" is like trying to compare the Amazon river with Lake Michigan.