The total value of the world's money is $90,4 trillion. This post aims at enthusing, uplifting and helping people.

in #money7 years ago

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The total value of the world's money is $90,4 trillion. This post aims at enthusing, uplifting and helping people.

The Cryptocurrency Revolution Explained

I highly recommend Dan Larimer's most recent talk: ""

"My missions in the past decade has been to find free-market solutions for securing life, liberty, property, and justice for all. And what I mean by that is nonviolent, voluntary solutions for securing the things that matter the most to us, our liberties and freedom, our property rights and blockchain technology happens to be the most effective tool we've ever created for doing just that." @dantheman
Some Hard Economic Facts
Some cryptocurrencies have no transaction fees.

Total value of the world's money is $90,4 trillion (cia.gov)
USD's purchasing power is 5% what it was in 1913 (link)
Global Stock Market $73 trillion (link)
The world's gold $7.7 trillion
Bitcoin market cap $131 billion (link)
Cryptocurrencies market cap $346 billion (link)
Global Debt $215 trillion (link)
Global Real Estate $217 trillion (link)
Derivative Market, low end estimate, $544 trillion (link)
Stock of broad money per country (cia.gov)
Global GDP $80 trillion (link)
$5.1 trillion traded everyday on Forex Exchange (link)
List world largest public companies (forbes)
IPO raised $196 billion in 2017 (link)
ICO raised $5.6 billion in 2017 (link)
ICO raised $6.3 billion in 2018 first quarter (link)
Bitcoin transaction fees rough estimate 0.4-3.8% (link)
Bitcoin mining reward in the last 24h, $14 millions (link)
Venezuela's 2018 inflation 25,000%+ (link)
Zimbabwe's 2008 inflation 79.6 billion percent (link)

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