Pages:
Author

Topic: How much money are in the World? (Read 993 times)

hero member
Activity: 1666
Merit: 502
July 30, 2018, 09:59:15 AM
Is there anyone who wants to calculate how much money circulating in this world? money can be lost and made and that is by an amount that is not in the know of many people, stop thinking outside the logic because this is rather difficult.
newbie
Activity: 92
Merit: 0
July 30, 2018, 09:24:19 AM
There should be between 80 trillion and 100 trillion dollars, I guess nobody really knows the actual amount.
member
Activity: 255
Merit: 10
July 30, 2018, 09:22:22 AM
Bitcoin is still a small market relative to the world economy, and now the encrypted money market may account for only 1% of the world economy.
newbie
Activity: 177
Merit: 0
July 30, 2018, 08:31:36 AM
according to world atlas  roughly $90.4 trillion. so basically alot

Does the world atlas also tell how much does this amout is growing every year? It the derivatives market also included in this amount? The derivatives market is considered as existing money and it is bigger than the world's gross product.

I see nobody has asnwered to my question about derivatives market - is anyone actually reading other people's posts here? Smiley

Actually it so very hard question, nobody can answered it. Because the money of the world is very hard to calculate, many population arround the world .
member
Activity: 149
Merit: 10
July 30, 2018, 08:17:48 AM
according to world atlas  roughly $90.4 trillion. so basically alot

Does the world atlas also tell how much does this amout is growing every year? It the derivatives market also included in this amount? The derivatives market is considered as existing money and it is bigger than the world's gross product.

I see nobody has asnwered to my question about derivatives market - is anyone actually reading other people's posts here? Smiley
newbie
Activity: 168
Merit: 0
July 28, 2018, 11:34:30 PM
funny question gan .., how much money in the world ??, I answer infinity can even buy anything agan want in this world huiiihihhhih
Yes, I agree on you. Nobody can count how much money does have in this word, even if all people count their money then add all the money they already counted, but I guess it is really not enough because money is infinite. Even the people who are working on the bank cant count this. This is really a funny question.
Technically money could not be counted because everyday people whom with power to generate fiat are always doing this depending on the economy of a certain country. The money is only an instrument to show how a country peform in the economy. So we could not count but we could speculate how much would it be and this is possible if all the countries around the world will have a project like this yet this is not important for now. The government should focus on how to improve the country.
newbie
Activity: 33
Merit: 0
July 28, 2018, 10:31:08 PM
I don't think you can really count. I mean you can create crypto currency out of thin air same as fiat currency. And if you consider oil, gold, and other expensive chemicals then it's indefinite. It's very difficult to measure the amount of money a nation has. Trying to figure out the money in entire world, that is a feat alone.
newbie
Activity: 84
Merit: 0
July 28, 2018, 10:21:17 PM
there is no definite amount of money in the world because the money every day continues to grow, and every country does not have a definite record of how much money there is in the country, so it's hard to answer the questions you ask.
member
Activity: 420
Merit: 10
www.coinxes.io
July 28, 2018, 10:13:34 PM
this is a difficult question, because no one can calculate exactly how much money there is in the world, maybe bank the world has a record of the wealth of every country in the world but it may be only a prediction only and will not be used as a benchmark how much money is in the whole world.
member
Activity: 167
Merit: 10
July 28, 2018, 09:59:45 PM
money around the world is unlimited because the government can print itself as desired, therefore the value of money the longer it will decrease. different from the fixed bitcoin 21 million so that its value is increasing
full member
Activity: 518
Merit: 100
July 28, 2018, 07:42:31 PM
Nobody can count the exact amount of money in this world even the banks can't do it and everyday money is being handled to different people so no one can count all the money distributed around the world.
newbie
Activity: 108
Merit: 0
July 28, 2018, 07:14:00 AM
The exact amount of absolutely all money we will never know.  This is a huge amount, which probably does not even exist.  Money in bitcoin probably 1/100000000000000000000.
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
July 28, 2018, 03:44:48 AM
There is 80 trillion dollars in the world according to the reports.

We cannot pin point the bitcoins money but the money in the cryptocurrency market is 100 billion dollars and we all know who dominates it Smiley none other than bitcoins well so ots safe to assume that 90 billion dollars is floating around in the bitcoins market.

Also the money isn't infinite, government can't print money as much as they want if that was the case then no one would have been poor.. after years everyone would have gotten huge sums of money and money itself would have became worthless.

Well if that is true then crypto currency can easily dominate fiat when it comes to actual value. But then again, are these nunbers on fiat include all the money on everyone's accounts? Does this include lost treasures in the ocean?  Will these account for all the precious metals and gems? What about art? I mean. If we're just talking about then there it is, but what about others?

$80 trillion (USD) is the total amount of money, in any form including bank or other deposits as well as notes and coins, in the world if converted to USD. No, it doesn't "include" treasures lost in the ocean, precious metals and gems, and art. All those things can be bought with money but they are not money themselves, although they play a significant part in this game. For example if a painting, which wasn't around before, suddenly sells for $200 million, it means that another $200 million (not necessarily USD) can be printed and put into circulation, because there's a newly appeared thing which can be bought with it.  Of course I'm talking about an ideal world here, and in reality no one acts exactly this way, and in some countries, like Venezuela, for example, much more money are printed than there are things which can be bought with it. But still this scheme has something to do with reality, because countries who want to avoid economic crisis, try to follow it.
copper member
Activity: 82
Merit: 0
July 28, 2018, 02:35:42 AM
No parameters can know the total amount of money in the world. But Bitcoin can pay for the total amount of money in the world
newbie
Activity: 154
Merit: 0
July 28, 2018, 02:28:57 AM
No one knows the exact amount of money in the cryptographic market, so many coins are born today and capitalization is just a relative number, not exactly accurate. That's my personal opinion.
hero member
Activity: 896
Merit: 502
July 28, 2018, 02:20:55 AM
I know you are asking this question because you want to know whether the amount of money we have in cryptocurrency market can serve the whole world if everyone and every country decide to adopt Bitcoin. The higher the demand the more the value of money in coinmarketcap will increase.
I think this is obvious and you don’t need to make such useless discussion about it. Definitely when something is scarce, it can’t fulfil the needs of every person in this world. For so, we have to increase the supply rates and strengthen it for best prevailing of the product or service. Things aren’t that much difficult, so please try to use your own mind too. That would be fruitful.
newbie
Activity: 3
Merit: 0
July 26, 2018, 06:46:01 PM
It's difficult to calculate how much money in the world, if any country have figures and bio-data of their money (how much inside or outside the country) than easy to calculate and their comparison with Bitcoin easy to answer if you have figure and data if not so than difficult to answer.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
July 26, 2018, 06:36:56 PM
How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.
There is no specific data for that because there are lots of countries around the world in which different currencies are being offered that varies on the value where it will be based. But I guess there are a lot because it can sustain different activities we people used to do. Also, there is a continuous production of currency types so we cannot exactly state the total amount of existing money in the world due to the fact that there is a circulating factor that will make it hard to be determined.
newbie
Activity: 167
Merit: 0
July 26, 2018, 06:24:49 PM
You ask this question the purpose to do? You compare them with the bitcoin field. And you think that with the huge amount of money in the world, only 0.1% of the world's investment in bitcoin, then bitcoin will get high value? This is hard to answer.
newbie
Activity: 95
Merit: 0
July 26, 2018, 06:08:48 PM
The currency market is over 200 Trillion USD, it will be unimaginable that they all become bitcoin in the future, governments will create their own currency eventually
Pages:
Jump to: