How much money are in the World? - page 2.

Intensity13.6

newbie

Activity: 70

Merit: 0

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

It's a broad question with a broad answer. Maybe you can go to the government facility that makes money and ask them how much money they print out? Oh...no...! It is really difficult to answer that because there are already a lot of money printed out every year. You can't trace the money of a whole world. I think even a genius can't count the money of a whole world.

IfixTchenTchen

member

Activity: 149

Merit: 10

Quote from: Ava Duvall on July 23, 2018, 04:55:47 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.

Cosbycoin

hero member

Activity: 980

Merit: 506

Around 75 trillion dollars. Which is really small if you consider that the crypto space that started out 10 years ago already has 277 billion dollars market cap with a bear market. I mean we can reach to 1 trillion with one decent bull run.

This is ALL MONEY IN THE WORLD we are talking about and its only 75 trillion. Of course if you take stuff like stock markets and so forth that is "money" but is actually not spendable that number goes really high but all cash money in the world is less than what I imagined it would be.

skyland999

member

Activity: 213

Merit: 13

Wonderful World

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

very unstable, it is impossible to count money in the world only we can know the country if we check in the bank.
I do not understand the purpose of the question you are asking

jcarlo

member

Activity: 798

Merit: 10

Paper money always produced by central banks and circulation per days in forex market more than 6 trillions dollar. Bitcoin should be worth more than $50k because bitcoin have limited supply

RockHenki

member

Activity: 238

Merit: 10

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

Currently Bitcoin has over $ 140 billion. It's a really great business and Bitcoin will soon grow stronger than ever.
I believe in the future of Bitcoin and sooner or later it will be legally accepted all over the world. Blockchain technology will help businesses and people solve many important problems and Bitcoin will be an integral part of this world.

bsce1-1

newbie

Activity: 66

Merit: 0

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

We can't state how much cash does the world have. The legislature can give the same number of cash as they need since they can, it's simply an issue of printing it. We can expect that if the administration simply print these cash then nobody in this world needs btc, in short nobody is poor. In any case, that is unimaginable. Contrasted with btc, btc esteem can be evaluated or computed relying upon it's present esteem, it persistently increments not at all like the estimation of cash that can debase each age and change.

cabalism13

legendary

Activity: 1428

Merit: 1166

🤩Finally Married🤩

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

NOBODY in the world can't say the exact number of it, as long as the EARTH is still alive the resources are being reproduce yearly, although it is finite still we can't say its true value.

And in terms of fiat, BLACK MARKETS can also make money through their own devices, that's why we certainly can't tell how much money do we have here. It's not just the banks who are producing things like these but there are also some people who are corrupt and don't want to lose to anyone when it comes to high number of money.

imapd

member

Activity: 173

Merit: 10

cave canem!

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

Bitcoin as having beards on capitalization and trading amount so I am thinking that it doesn't depend on how much money is in the Earth, but it depends on bitcoin becoming a new worldwide currency to pay.

gowobonyok

jr. member

Activity: 490

Merit: 2

can not be counted. maybe if only one region, or one village, can still be done counting. but for the whole world, I think it will be difficult to do so.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Ava Duvall on July 23, 2018, 04:55:47 AM

according to world atlas roughly $90.4 trillion. so basically alot

I dont think so,$90, trillions are so little compared on how much each country has,if im not mistaken america itself has more than 20 trillion upon my estimation,so what about the other giant countries,no one really knows how much money world has ut for sure its more than what you have mentioned mate

uchechiboy

newbie

Activity: 57

Merit: 0

I don not no the exactly amount of money that are in the world for now.

Ava Duvall

jr. member

Activity: 154

Merit: 1

according to world atlas roughly $90.4 trillion. so basically alot

BigBos

sr. member

Activity: 1974

Merit: 450

Quote from: pat4cryptoreal on July 23, 2018, 04:13:56 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 do not know, I think it's very much. I'm sure there are sites that count money circulating in each country. well, I do not want to think about it for now, because that is something that is hard to think about when you do not have the money LOL.

pat4cryptoreal

full member

Activity: 630

Merit: 102

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.

holtzmann

newbie

Activity: 179

Merit: 0

Quote from: Wayan_Pedjeng on July 07, 2018, 08:14:25 AM

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

Are you talking about the total supply of fiat money, or are you talking about the total wealth? The latter includes assets such as gold, real estate and treasury bonds. The total fiat circulation is around $37 trillion (close to $90 trillion if you include bank reserves and deposits). The total wealth is around $300 trillion.

I think the author meant 'money' in bulk. So, yeap, I also found such info - https://www.worldatlas.com/articles/how-much-money-is-there-in-the-world.html.

yusupjatigumilar

full member

Activity: 644

Merit: 100

of course, more conventional currency than bitcoin, but if both are compared, maybe bitcoin will be close to the conventional currency because conventional currency exchange rates in the country typically have different values depending on the country

Roomshambles

newbie

Activity: 130

Merit: 0

I do not know the details because every day money will always be in print for more and more people will always need money because to buy anything can.

huhhuh18

jr. member

Activity: 250

Merit: 2

Quote from: BitcoinFrik on December 11, 2017, 04:00:31 AM

How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.

It is indeed not fixed in amount. Money inthe world keep on fluctuating always. Thwre are various countries with their variety of money as well. Also they do print more into the system to keep ghe economies alive. But the story of Bitcoin is very different- fixed in amount, can't make new ones, based on high-tech invention and so much more.

ajaymukund

member

Activity: 784

Merit: 10

https://streamies.io/

Wtf? There is always the question of how many hairs are on your head, how many grains of sand on the beach, how many liters of water in the ocean, ... Huh

I can only tell you about the total wealth of the 10 richest people in the world. : D; D

Topic: How much money are in the World? - page 2. (Read 986 times)