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.htmlTotal 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.
Bitcoin has definitely contributed in a very significant percentage in the world economy .
Bitcoin is said to be world's firth largest currency , so it has definitely had some major influence on the world economy . We still measure the price of bitcoin comparative to dollar , so technically it may also have surpassed dollars and what about counting the bitcoin that are dumped or sold . They hold some value too .
This is just the beginning , the major effects have just started to show up.