Futures trading is expected to open in a week

in #bitcoin7 years ago

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The value of the capital invested in Bitcoin is estimated at $ 192 billion - more than Warren Buffett, Bill Gates and Boeing

Too bloated bubble? While the value of Bitcoin continues to climb beyond $ 11,300, the amount of invested capital continues to rise, and now the value of its capital is $ 190 billion - over entire economies and above some of the world's strongest.

About 17 million currencies revolve around the circulation of the currency as of today. In other words, the value of the capital around the virtual currency is now slightly above $ 192 billion, which reflects an increase of more than 1,000 percent since the beginning of the year.

Gross Domestic Product of New Zealand

The country's economy, based mainly on agriculture and tourism, was estimated by the World Bank to be around $ 185 billion, meaning $ 5 billion less than the current capital of Bitcoin, and New Zealand is not the only one. Qatar, Kuwait and Hungary.

Goldman Sachs and UBS

The unrestrained rise of Bitcoin puts the currency higher than the capital of the world's two most influential banks - Goldman Sachs, with a fortune of about $ 97 billion and the Swiss bank UBS, whose capital is estimated at $ 67 billion. Together, the Bitcoin overtook both of them.

Goldman Sachs chief executive Lloyd Blankfein said it was too early to comment on the currency and set a strategy for it, and UBS said it would not put Bitcoin into their portfolio for fear of a threat to government policy.

Boeing

With all due respect to the company's jumbo jets, its capital value is about $ 162 billion, and the same digital currency that did not even exist 10 years ago bypasses. The Chicago-based airline, which describes itself as the world's largest airline, has been in existence for over 100 years and employs 140,000 people in more than 65 countries. Its rival, Airbus, is estimated to be worth $ 78 billion.

Bill Gates, Warren Buffett and Queen Elizabeth II

They are at the top of the list of people in the world, but even Bill Gates and Warren Buffett, with all their capital, will not be able to buy all the Bitcoin coins that are now rolling around the world. Bill Gates' fortune is estimated at $ 90 billion, while Warren Buffett's fortune is estimated at $ 83 billion. Even if Queen Elizabeth II decides to join them and bring the cake to her share - a fortune of $ 383 million - it will not suffice to cover the entire capital invested in Bitcoin.

In the background, it is reported that the UK wants to toughen regulation of Bitcoin and other digital currencies by expanding the European Anti-Money Laundering Act and forcing Bitcoin dealers to disclose their identity and currency activity.

In the US, the regulator authorized the Chicago Mercantile Exchange (CME and CBOE) to create a futures contract on the Bitcoin, opening the door to additional currency trading decisions.

Shmuel Hauser, chairman of the Securities and Exchange Commission, said: "It looks like a bubble and smells like a bubble ... The pursuit of investment in Bitcoin reminds me of the gold rush in the 19th century"

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