Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has higher market cap than the three biggest banks in the world
by
shield132
on 16/06/2024, 09:19:52 UTC
If we talk about stocks and Bitcoin, then it's clear and very good that Bitcoin has a higher market capitalization than the stocks of many other banks but it's still not a right comparison. These banks operate locally, for specific countries and populations while Bitcoin has no borders. Anyone from any part of the world can easily buy Bitcoins but it's not that easy to buy stocks, at least in my country it wasn't easy till 2020.
Besides stock market capitalization, it's fair to say that Bitcoin can't stand close to the value of assets that JPMorgan, Bank of America and IC Bank of China.