Bitcoin Becomes the World’s Eleventh Largest Monetary System
Twitter user Rhythm Trader pointed out that Bitcoin is now the eleventh largest money supply in the world, with a market capitalization of $208 billion. Bitcoin has already overtaken many powerful nations such as Canada, Australia, and South Korea and is only marginally behind Russia and India.
Though Gold is still leading the way, as the world’s single largest form of money, many believe that that it won’t take long for Bitcoin to reach the top as millions of people have chosen a bank with no CEO, office or marketing department.
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