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Post
50654838
Topic
5125960
Board
Economics
Re: The History of Gold and Silver Points to the future of Cryptocurrency
by
PlasmaBit
on
18/04/2019, 07:22:14 UTC
USA GDP in the fourth quarter of 2018
$20 870 000 000 000
https://www.bea.gov/news/2019/initial-gross-domestic-product-4th-quarter-and-annual-2018
BTC market cap:
$92 612 555 685
https://coinmarketcap.com/
Gold supply around 190 040 tonnes, with price 41 035 600 USD per tonne
https://www.gold.org/about-gold/gold-supply/gold-mining/how-much-gold
Which will give us 190 040 * 41 035 600 and it will be roughly
$7 798 405 425 000
So
20 870 000 000 000
-7 798 405 425 000
-92 612 555 685
So we find just another 12 trillions and we could move on and find the money for the rest of the world.