Post
Topic
Board Bitcoin Discussion
Re: Wtf... Apple is worth $800bn, Bitcoin $196bn
by
pooya87
on 05/12/2017, 04:53:16 UTC
Shouldnt the replacement for paper money, credit cards and banks be worth 100 times what some tech company is worth..?

Apple is a company and its market cap is based on the value of their company, bitcoin is a currency and its market cap is a meaningless mimic of the company market cap. this variable is not meant for comparison between different cryptocurrency or between cryptocurrency and a company!

p.s. Apple didn't get where it is over night. the adoption of bitcoin takes time.