Posts

Interesting Factoid of the Day: The Cryptosphere Just Became the World's 10th Largest Economy!

avatar of @curatorcat.leo
25
@curatorcat.leo
·
·
0 views
·
1 min read

OK, I admit this may not be the most "apples to apples" comparison out there, but just for entertainment purposes, take a look at this:

As I checked Coinmarketcap a few minutes ago, I took this screen shot:

Source: Coinmarketcap screen shot

So, just for grins, I went and found a pretty current list of GDP (Gross Domestic Product) by country... this being a World Bank list from 2020:

Source

If this were an actual possible comparison, the aggregate market cap of the Cryptosphere just edged out South Korea for 10th spot, in the list of the world's largest economies!

I think it's pretty safe to say that we have reached a point of saturation where it has become much too late to stuff the proverbial "genie" back in the bottle.

We sure have come a long way since I first heard about an "Internet based type of money" they called Bitcoin, back in late 2012!

And we've only just BEGUN!

(Note: This is not meant to be a "serious" comparison — I'm well aware that the information I shared here is NOT economically sound, or anything like that! But it's still a moment to pause and consider, I think)

Have a great remainder of your week!

=^..^=

Posted Using LeoFinance Beta