Post
Topic
Board Economics
Re: Bitcoin is the fastest asset to hit 1 trillion marketcap
by
sapnu
on 25/05/2021, 08:34:56 UTC
Sharing another interesting infographic from visualcapitalist.com

https://www.visualcapitalist.com/bitcoin-is-the-fastest-asset-to-reach-a-1-trillion-market-cap/


as we can see from the data above, Microsoft took 44 years to reach 1 trillion market cap, while Bitcoin took only 12 years!

Unfortunately, Bitcoin could not sustain such prices for long, and now the total market cap is about 650 billion USD. ( 1 trillion marketcap is about 56K USD)
Anyway, that is an impressive milestone for Bitcoin!

No matter what the current status of bitcoin is, just by seeing how far and how great the achievement it has made it is already something that we should be proud of. Bitcoin started in a scratch and a lot of people doubted its capability and look where it got them. They are all regretting that they didn't invest in bitcoin when the price was still low considering the fact that they've known it on the earliest days where the price was so low. Bitcoin has grown a lot ever since and most of the altcoins considers it as a foundation on their price growth.