There are currently ~$700 trillion of global *investment* assets:
Bonds: $137T
Stocks: $117T
Real Estate (ex-Agriculture): $290T
Art & Collectibles: $22T
Gold: $10T
M2 (cash, savings, etc): $130T
TOTAL = $706 trillion
- @npub1cj94...0efa
#BitcoinTwitter
When Ethereum collapses, the wealth destruction, the lives destroyed, and the anger of those affected will dwarf what we're seeing with the current FTX debacle.
And
it
is
entirely
predictable.
- @npub18p63...0k8k
#BitcoinTwitter
#Bitcoin layer-2 will increasingly make altcoins/appcoins redundant. Most use cases will never touch the base layer, because the base layer is hyper-optimized for security and verifiability.
- @npub1ate8...mf3z
#BitcoinTwitter
At $42K per coin, $BTC market value = ~$900B, or .13% of global assets.
As individuals and asset managers learn about and gain comfort in #Bitcoin, this number grows.
- @npub1cj94...0efa
#BitcoinTwitter