You may have heard the saying “No money makes Bitcoin rise,” but the data tells a different story.
Cash Level: Approximately $9 trillion in circulating paper money + coins worldwide (those that are actually printed)
Banking System: This is the main point
Demand + Time Deposits: 100 trillion dollars
Large Fund Pool: 150 trillion USD
The truth is here: The total amount of real currency globally (cash + non-cash) is about $150 trillion. Sounds like a lot? Let's take a look at the distribution:
United States: 62 trillion (41%)
China: 16 trillion
Japan: 6.5 trillion
By the way, don't be fooled by the “1 trillion dollar asset”. Stocks, bonds, and derivatives add up to over 100 trillion, but that is paper value, not real cash.
So when you watch BTC fluctuations, remember: there is still 150 trillion of traditional finance sleeping over here.
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How much real currency is there in the world?
You may have heard the saying “No money makes Bitcoin rise,” but the data tells a different story.
Cash Level: Approximately $9 trillion in circulating paper money + coins worldwide (those that are actually printed)
Banking System: This is the main point
The truth is here: The total amount of real currency globally (cash + non-cash) is about $150 trillion. Sounds like a lot? Let's take a look at the distribution:
By the way, don't be fooled by the “1 trillion dollar asset”. Stocks, bonds, and derivatives add up to over 100 trillion, but that is paper value, not real cash.
So when you watch BTC fluctuations, remember: there is still 150 trillion of traditional finance sleeping over here.