Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
chriswilmer
on 03/12/2013, 20:26:07 UTC
Recently, Bitcoin market cap (i.e. total value of all Bitcoins issued) reached the $2 billion mark, surpassing small countries like Liberia and Guinea.
This should have been obvious.
isn't it $20 billion?

The authority for this is
http://www.coinometrics.com/bitcoin/bmix

Go to the bottom of the page and select Full Data Table
Bitcoin is currently 71 in the world (out of 191 countries) between azerbijan and lithuania

burma at 12 million?


okay, who wants to go in with me and buy burma?

Hmm, you know what, that's actually an interesting proposition. It's probably hard to buy a country using national fiat currencies, no matter how rich you are, but with bitcoins... you just might be able to do it (i.e., pay out the government + military to leave the country / hand over control). Maybe we will see a brave new world of corporations taking over nations now that they have a financial vehicle with which to do it.