Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has higher market cap than the three biggest banks in the world
by
davis196
on 12/06/2024, 06:40:13 UTC
And why do we have to compare Bitcoin market cap with banks market cap? Is Bitcoin a bank or something?
Bitcoin is supposed to be a currency. Why don't you compare the BTC market cap with the amount of US dollars in circulation?
NVIDIA has a market cap of 3 trillion. And so what? Micro-chips are a product that is in demand. The demand for Bitcoins isn't growing that fast. All those market cap comparisons are kinda pointless. After several months or years, the Bitcoin market cap might drop below 1 trillion.
There's no guarantee that the BTC price will keep growing up forever.