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RE: The Best Thing to Happen to Crypto

in #trading7 years ago

The current crypto market cap as of January 2018 is $700 billion. Let’s put this into perspective. Bill Gates is worth $86 billion. Warren Buffet is worth $83 billion. Apple is worth $900 billion, yes Apple is worth more than the whole crypto market as of January 2018. The entire global USD circulation is roughly $1.5 trillion. The gold market globally is worth $8 trillion. Stock markets in total are worth $66 trillion and the entire supply of all money invested or in existence on the planet is roughly $84 trillion.

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Great figures to help keep perspective. Personally, I go with M3 broad money numbers as a better comparison on the monetary equivalents level though.