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Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap – Global Coverage

Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap – Global Coverage



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4 Comments

  1. tldr; Bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization of $926.27 billion, making it the eighth most valuable asset in the world. Bitcoin is 17.3% away from surpassing the overall net worth of all the global silver supply. The next asset BTC needs to surpass is silver (Ag) as all the world’s silver supply is estimated to be worth $1

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. It’s so interesting looking at that list and seeing what we as a species ultimately collectively value economically: The ability to buy, sell and move physical goods around, the ability to store information and communicate ideas with one another and the energy with which to do it. That plus an anchor of value to hold it all in place (gold).

    I hope once we’ve replaced gold we can start working on seriously developing decentralized, trustless versions of those other systems too.

What do you think?

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