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.
Isn't that much as of today since isn't totally accepted in the community but once establishments commit it's acceptance into crypto, definitely it will give a huge impact into our financial stability. We shall take sometime as crypto will give as a way for better and enhance our capabilities.