Bitcoin Now 8th Largest World Currency

BIGGER THAN RUSSIA – BITCOIN NOW 8TH LARGEST WORLD CURRENCY

“BITCOIN MONETARY SYSTEM NOW 8TH LARGEST WORLD CURRENCY
If you don’t count gold and silver, Bitcoin is now the eight largest currency in the world. It comes in at 9th place after the two precious metals.

How significant is this? Well, with a market cap currently at $162 billion and with some analysts predicting a BTC value of over $40k by the end of 2019, after just 10 years of being created, it’s a pretty big deal indeed.

Bitcoin is already bigger than the base money of Russia, South Korea, Brazil, Canada, and Norway. With cryptocurrency adoption on the rise around the world, it won’t be long before it catches up with–and overtakes–the monetary base of India, Switzerland, the UK, and, yes, the United States as well.”

https://bitcoinist.com/bitcoin-russia-monetary-base/

 

Expert Asked on June 20, 2019 in Bitcoin.
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