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Bitcoin is, of course, the most well-known and highly valued cryptocurrency in the the global economy, but it is far from the only one. If we combine the net worth of Bitcoin with that of Litecoin, Monero, Ethereum and all other cryptocurrencies, it comes out close to $100 billion. According to howmuch.net, this is “about as much as the current GDP of Morocco - the 60th-largest economy in the world.” This is staggering, given the relatively recent advent of digital currency.
The $66.8 trillion worth of publicly traded shares at stock exchanges are highly fiduciary, too, and “a run towards or away from stocks would thoroughly deregulate the economy, and nothing more dramatic than a minus sign in front of this [$66.8 trillion] would lead to the collapse of global civilization.”
originally posted by: skunkape23
I'll trade two chickens for a six-pack.
A goat for a jar of moonshine.
We are being lured into our own demise with the promise of easy wealth. Tell us, when has wealth ever been an easy acquisition in the history of man? When has the promise of it being easy been nothing more than a transparent lie?
So why would a smart person hold on to cash?
originally posted by: neo96
It will change someday.
All systems of money does.