Quote from: jrrsparkles on March 24, 2018, 04:30:20 PM

Quote from: jatin729 on March 24, 2018, 03:10:18 PM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

Actually bitcoin didn't made any income to the world the value is transferring to one form as fiat to the crypto but the value is same but in future the value of 0.054% will change when the price increases.

...and I totally agree. look at it this way, when your job pays you bitcoin, you didn't really earn bitcoins but you earn fiat. Why? because for you - bitcoin is not really the money you spend with something you want or need.

Sooner or later, the thread's arguments will become true... but unfortunately, not today.