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Bitcoin in Perspective: Bill Gates Worth More, Gold 200 Times More - Mish - Global Economic Analysis

Valuable potential is what's currently offered by digital currencies. It makes absolute sense to have a global digital economy based upon borderless digital assets. The fact that Bitcoin has taken some hold where others failed seems to prove that it's algorithm has a big future if not as money then utilizing it's elegant engine for other related applications. In that sense then Bitcoin will ultimately remain the Goldfather of cryptocurrencies.

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Beginning of the headline :An interesting article on HowMuch puts the Bitcoin phenomenon into proper perspective. Google founder Larry Page’s net worth beats bitcoin’s entire market cap. Microsoft founder Bill Gates’s net worth is double Bitcoin. Please consider The Bitcoin Economy, in Perspective. Last year, Bitcoin became more stable than gold, and earlier this year, the price of a Bitcoin surpassed that of an ounce of gold for the first time. Currently, all the bitcoin in the world is worth $41 billion. If that amoun... Read More

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