Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has higher market cap than the three biggest banks in the world
by
wtsimis
on 16/06/2024, 16:57:38 UTC
Bitcoin reflects a notable shift in how value is perceived and stored in the modern economy. Bitcoin market capitalization has surpassed that of the world three largest banks , highlighting the cryptocurrency strong future, rapid growth, growing impact on global finance.
But the fact that the value of Bitcoin is increasing is not something to be happy about . Every bank has its own constraints, rules within which it has to operate. But in the case of Bitcoin, this catchment barrier has no rules and no obligations.  It can be given to people of all countries who have internet and android mobile connectivity. So Bitcoin has much more reach than a single bank or a centralized bank. But all these bitcoins are held by a small number of people .
Bitcoin will increase in value and become more accessible as people all over the world start accepting it.