The other day, Ikigai's director of investment, Travis Kling, published a tweet in which he reminded the crypto-community that it was only a matter of time before Bitcoin ousted fiat currencies.
The tweet is complemented by the image of the analytic company Crypto Voices, which provides a separation between bitcoin and fiat currencies. The Crypto Voices team explains that today the 30 leading fiat world currencies are estimated at $ 19.6 trillion.
Bear market reminders- BTC is the hardest money we ever had. Print this out.
h / t @crypto_voices pic.twitter.com/XDCioztkcJ
– Travis Kling (@Travis_Kling) February 19, 2019
The value of all gold in circulation is estimated at $ 7.83 trillion. For comparison, Bitcoin was estimated at a fairly low amount of $ 60 billion, which indicates an asymmetric cryptocurrency growth potential.
Theoretically, if Bitcoin "absorbed" gold and fiatnye currency, its price could be about $ 1,571,316. Moreover, despite the hypothetical statements, many crypto-enthusiasts believe in the prospect of the onset of this event.
Recently, venture capitalist and Keiser report author Max Keizer noted that bitcoin is “insignificant” as digital money, but if we consider cryptocurrency as digital gold, it can drastically “change the world”.
Publication date 24.02.2019
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