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The Bitcoin economy from a perspective

The total amount of money in the world is $ 84 trillion. But that also includes money in the bank. In physical coins and banknotes, the total global money supply is only $ 31 trillion. Hence the rise of Bitcoin and other cryptocurrencies.

Bitcoin is the cryptocurrency that refuses to die. Its demise has been predicted several times, and one expert calculated that its value is 18 times more volatile than the US dollar. But virtual money is getting stronger.

Last year bitcoin became more stable than gold, and earlier this year the price of one bitcoin surpassed that of an ounce of gold for the first time.

Currently, all bitcoins around the world are worth $ 41 billion. If that amount is hard to pin down, just think of it as a Larry Page – because $ 41 billion also happens to be the net worth of the man who co-founded Google with Sergey Brin.

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