Topic: If Bitcoin were a country... (Read 4841 times)
Updated.
Updated to reflect recent price & GDP increases.
The most amazing thing is not the flag (no, it is definitely not), but that bitflag.org exists. Maybe you should erase that flag and instead put up an email address or an online vote system where the most talented bitcoin designers would submit to you the flag of the day. Maybe only people from bitcointalk.org would be able to post to bitflag.org to make sure things get a little bit tunneled?
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That'd be a great idea. Do a contest and let's decide on a "official" bitcoin flag.
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I think it's great that people are thinking about a flag. I hope someday we get one...also hope we someday get a logo that doesn't suck so much. We need a graphic artist to overhaul everything Bitcoin so we can stop looking like little school children with a papier mâché volcano.
Where did you get the statistics for countries?
From various sources. Since different sources list different countries, it's not exactly a controlled comparison. It's more of a visualization of how big Bitcoin has become.
Where did you get the statistics for countries?
I updated the OP with some more statistics.
Needs a flag: I made this today:
http://bitflag.org
Let me know if there any other designs out there
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The most amazing thing is not the flag (no, it is definitely not), but that bitflag.org exists. Maybe you should erase that flag and instead put up an email address or an online vote system where the most talented bitcoin designers would submit to you the flag of the day. Maybe only people from bitcointalk.org would be able to post to bitflag.org to make sure things get a little bit tunneled?
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That'd be a great idea. Do a contest and let's decide on a "official" bitcoin flag.
[/quote]
Needs a flag: I made this today:
http://bitflag.org
Let me know if there any other designs out there
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The most amazing thing is not the flag (no, it is definitely not), but that bitflag.org exists. Maybe you should erase that flag and instead put up an email address or an online vote system where the most talented bitcoin designers would submit to you the flag of the day. Maybe only people from bitcointalk.org would be able to post to bitflag.org to make sure things get a little bit tunneled?
Some interesting statistics.
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
Needs a flag: I made this today:
http://bitflag.org
Let me know if there any other designs out there
Madame, was does the dotted line represent?
A Meze Grill patron, declaring from his oversized black naugahyde chair, "Up! Up! Up!"
A Meze Grill patron, declaring from his oversized black naugahyde chair, "Up! Up! Up!"
Love it.
Is GDP really counted as the total amount of currency traded over a year?
GDP = consumption + investment + export − import
The first two terms are approximated by amount traded over a year, so:
GDP ≈ amount traded over year + export − import
Exports and imports are hard to define, really, so we set them to zero and get:
GDP ≈ amount traded over year
Sorry for the large image, I just have to.
Is GDP really counted as the total amount of currency traded over a year?
GDP = consumption + investment + export − import
The first two terms are approximated by amount traded over a year, so:
GDP ≈ amount traded over year + export − import
Exports and imports are hard to define, really, so we set them to zero and get:
GDP ≈ amount traded over year
How do you get trade over a year? Doesn't the automatic "change" make the amounts uncertain?
Why not add up the estimated throughput of the 100 largest businesses? The result will probably be somewhat less impressive, but likely more real.
Blockchain.info gets rid of the change for me; I'm not sure how they do it but I expect it to be more accurate than "add the throughput of the 100 largest businesses".
Is GDP really counted as the total amount of currency traded over a year?
GDP = consumption + investment + export − import
The first two terms are approximated by amount traded over a year, so:
GDP ≈ amount traded over year + export − import
Exports and imports are hard to define, really, so we set them to zero and get:
GDP ≈ amount traded over year
How do you get trade over a year? Doesn't the automatic "change" make the amounts uncertain?
Why not add up the estimated throughput of the 100 largest businesses? The result will probably be somewhat less impressive, but likely more real.
Is GDP really counted as the total amount of currency traded over a year?
GDP = consumption + investment + export − import
The first two terms are approximated by amount traded over a year, so:
GDP ≈ amount traded over year + export − import
Exports and imports are hard to define, really, so we set them to zero and get:
GDP ≈ amount traded over year
Is GDP really counted as the total amount of currency traded over a year?
Some interesting statistics.
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
I'd be interested to see the rate of crime for this "country", the rate of "incarceration" (scammer tags, outcasting, etc) and the health of investments, stocks, bonds, etc in the businesses of this "country".
Are there any other countries where ponzi schemes are so prevalent?
While data for financial crime are hard to collect, this country incidentally has some of the lowest rates of violent crime
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Try your calculation again in the summer. I bet the numbers will be waaaaaaaaaaaaaayyy different!! 
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Some interesting statistics.
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
Population: ~2000000 (estimate) (#148, after Botswana)
Estimate based on growth thanks to Max Keiser's 1000000 campaign.
GDP (last 365 days): $1.269 billion USD (#172, after Dijbouti)
Blockchain.info.
GDP per capita: $634.50 USD (N/A)
The average Bitcoin user grosses $600 USD annually in Bitcoin. Bitcoin seems to not yet be a significant portion of most people's lives.
Monetary base: $730 million USD (#120, after Fiji)
Based on total mined rounded down to approximate currency destruction.
Any others?
I'd be interested to see the rate of crime for this "country", the rate of "incarceration" (scammer tags, outcasting, etc) and the health of investments, stocks, bonds, etc in the businesses of this "country".
Are there any other countries where ponzi schemes are so prevalent?
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