Bitcoin burst into our financial consciousness like a fiery comet, setting the internet ablaze with visions of upending the existing global money system. Yet, by its nature as a cybercurrency, whose legitimacy only exists in the ether, its credibility leaves much room for debate.
HowMuch.net on Wednesday put things into perspective and demonstrated that for all the buzz and excitement bitcoin has generated, it still has a long way to go to be even remotely relevant.
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Nice post
Uhm yeah, but the proportions seem way off. All the worlds currency is 84 trillion, which is 2,000x bigger/greater.
It does not look 2000x bigger to me. More like 20x