Author

Topic: Bitcoin Market Cap > 1% of USD Monetary Base (Read 1049 times)

sr. member
Activity: 448
Merit: 250
November 08, 2013, 10:53:36 PM
#4
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.
sr. member
Activity: 462
Merit: 250
November 08, 2013, 07:02:40 PM
#3
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.
full member
Activity: 238
Merit: 100
November 08, 2013, 06:38:10 PM
#2
wow, impressive benchmark.
1% of M0 money supply?
sr. member
Activity: 448
Merit: 250
November 08, 2013, 12:50:00 PM
#1
Just saying.

That seems like a development that could get us some press sometime.... maybe?
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