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So the bitcoin market cap is currently at $1.8 trillion.

You can compare that to USD M0 which is $5 trillion or EUR M0 which is around €4 trillion.

Not bad for an "extremely inconvenient database".



Market cap is pretty hypothetical though - if somebody actually tried to liquidate $50bn of bitcoin into fiat money you'd probably send the BTC price to about zero...


South Sea Company at its height was worth almost 3x British GDP. Not bad for a company "with negligible business activities"!


We've been hearing the story for years already that the Bitcoin value will go to zero.


Slippage yo. Market cap means jack shit if the true order book is thin like a slice of carpaccio.




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