HOW BITCOIN (BTC) DOES VERSUS GOLD, FIAT AND ALL WORLD’S MONEY

Since 2009, Bitcoin (BTC) has made a long road and has overcome many obstacles on its journey. The Bitcoin (BTC) price has grown exponentially, and its market cap is at the time of writing over USD 41 billion, which is the same net worth of Google’s co-founder, Larry Page.
Bill Gates, the richest man on earth with a net worth of USD 86 billion, has approximately the net worth of Larry Page and Bitcoin (BTC) combined.
Bitcoin (BTC) equals Morocco
“Bitcoin (BTC) is the Uber of crypto currencies: the biggest, baddest and best-known, but not the only one. Add it up to Monero, Litecoin, and all the others, and the entire quantity of virtual Cash floating around the web, from the range of authorities and banks, is a whopping USD 100 billion.That is about as much as the current GDP of Morocco the 60th-largest economy in the world,” notes Raul Amoros.
Nowadays, Tech firms are more than previously controlling the stock exchange. The monetary value of giants likes (Apple USD 730 billion) and Amazon (USD 402 billion) is equivalent to the GDP of much bigger economies like Nigeria and the Netherlands, respectively. Apple’s monetary value is 18 folds the Bitcoin (BTC) market capitalization.
“Moving to upper scales, the amount of actual money in dollar notes and coins in circulation around the world is USD 1.5 trillion. Amounting to Thirty six folds the market capitalization of Bitcoin (BTC).”

Apart from fiduciary money, gold has played a significant role in the money game due to its scarcity and marketability. Gold was still the basis of money in the 1960s, in an unbroken line stretching back to the beginnings of history. Today, the latest figure for all the gold in the world is 171,300 tonnes, which is currently priced at USD 8.2 trillion: two hundred folds the Bitcoin (BTC)’s market cap.
More on the left, the visualization shows that the sum of “narrow money” is USD 31 trillion. Narrow Cash/Money is a sort of the money supply that includes all physical money like Coins and cash, alongside other liquid assets held by the central bank. This is Seven Hundred and fifty times the market cap of Bitcoin (BTC).
As for “broad cash/money,” which is the totality of resources that businesses and households can quickly convert to money or utilize to make payments, it totals USD Eighty three trillion. This represents two thousand times the market cap of Bitcoin (BTC), but also 2.5 times the total sum of narrow money. It’s only obvious that our current system will crash if everybody attempts to draw money that’s assumed to be “readily” Convertible to money, while the inventory of real cash is inadequate to pay such withdrawals.
“If the see-sawing rise of Bitcoin (BTC) tells us anything, it is that people are losing their trust in money, and other traditional measures of wealth,” concludes Raul Amoros. “Let’s talk again when the total value of all crypto currencies surpasses that of the world’s supply of gold…”