Topic: Bitcoin Market Cap > 1% of USD Monetary Base (Read 1041 times)
We're not that far away. Currently we're more than 0.1%. At Bitcoin's growth rate, in about a year we should be there.
Yeah it would definitely get a lot of press attention, but that amount of capitalization in bitcoin is going to take some serious time. 1% of lets say 10T is still 100B and thats 30x more than current prices today, so this just means we have to wait another year or two lol.
wow, impressive benchmark.
1% of M0 money supply?
1% of M0 money supply?
Just saying.
That seems like a development that could get us some press sometime.... maybe?
That seems like a development that could get us some press sometime.... maybe?
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