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.
If all cryptocurrency in the market combine, total market cap right now at $450billions dollar and its still small amount compare with forex market valuation per day. Forex market volume transaction per day until $6 trillions dollar and thats why cryptocurrency market have bigger room to growing and the price at cryptomarket have room to rising more. Thats only my perspective and maybe i am wrong