RE: Bitcoin's network is now more valuable than the GDP of New Zealand

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Bitcoin's network is now more valuable than the GDP of New Zealand

in bitcoin •  7 years ago 

It's not that large compared to gold. Still in a nascent stage with a lot of potential to grow

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7 years ago by

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      ·  7 years ago 

    This is a great measuring stick as far as Im concerned. Gold is about 7 trillion because investors like non inflationary investments but BTC is that and more.

    Its hard to carry a mill in gold bars not so hard to carry a pen drive w a 100 BTC on it. :)

    Bitcoin will eventually have a cap of 1.5 to 3 trillion itself, when the coin market cap is between 4 to 6 trillion.

    And I wouldnt be surpirsed if crypto market cap was 3 trill next year.

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