- Jun 18, 2018
Cryptocurrencies As a Part of the Entire World’s WealthHave you ever wondered what place would be occupied by cryptocurrencies in the global wealth ranking? Does Bill Gates's fortune exceed Bitcoin's market cap? Or whether Apple can acquire Amazon with bag and baggage, paying only with Bitcoins? We will answer these and other even more weird questions right now!
And here’s the ultimate comparison: cryptocurrencies are the equivalent of only 0.23% of all the money in the world, broadly defined ($86.5T vs. $202B).All of the world’s bitcoin is now worth more than the personal fortune of Bill Gates, and nearly the same as Jeff Bezos. But look at the combined total value of all the cryptocurrencies in the world—an eye popping $202B.
The entire market cap of Amazon is $858B bigger than bitcoin ($970B vs. $112B).
The first trillion-dollar company, Apple, is worth $888B more than bitcoin ($1T vs. $112B).
The value of the entire world’s gold is over 70x more than bitcoin ($7.8T vs. $112B).
All of the cryptocurrencies in existence are worth 0.59% of the world’s physical money ($34.4T vs. $202B).
Cryptocurrencies are even tinier compared to the world’s stock markets at just 0.30% ($67.5T vs. $202B).