Post
Topic
Board Economics
Re: Bitcoin contribution to World' income
by
KesoNie
on 08/11/2018, 13:35:37 UTC
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.


       That was totally an awesome and amazing thing about this new type of cryptocurrency uprising the positivity of pushing the innovation to uphold the capability and capacity of the world's income to rise furthermore which is a positive thing that can be associated with the cryptocurrency. Absolutely, this will encourage more people to go engage with Bitcoin as well as the other types of existing cryptocurrency around the virtual market that will surely uprise the popularity of the whole community if that scenario will happen.
Bitcoin has a huge contribution especially in an income to someone so that it has effect in economy in a country. And its totally amazing how the Bitcoin technology can change our lives by using it, so that once the country adopt it or accept surely it will be have a great economy and also many people will get help financially.  Im glad that cryptocurrency and Bitcoin exist because its really helpful to many people.