Bitcoin Forum

Economy => Economics => Topic started by: molecular on March 21, 2013, 07:42:58 PM



Title: There's more money in Bitcoin than in...
Post by: molecular on March 21, 2013, 07:42:58 PM
(by M1 money supply)

Montserrat
Anguilla
Micronesia, Federated States of
Sao Tome and Principe
Cook Islands
Tonga
Dominica
Samoa
West Bank
Comoros
Saint Vincent and the Grenadines
Grenada
Timor-Leste
Antigua and Barbuda
Gambia, The
Saint Lucia
Solomon Islands
Vanuatu
Saint Kitts and Nevis
Guinea-Bissau
Seychelles
Cayman Islands
Swaziland
Burundi
Central African Republic
Lesotho
Sierra Leone
Bhutan
Belize
Liberia
Cape Verde
Guyana
Malawi
Rwanda
Montenegro
Fiji

I'll post here when we reach the next milestone ;)

Feel free to discuss, of course.


Title: Re: There's more money in Bitcoin than in...
Post by: molecular on March 21, 2013, 07:43:35 PM
Djibouti
(M1: $798,100,000)


Title: Re: There's more money in Bitcoin than in...
Post by: benjamindees on March 21, 2013, 09:01:21 PM
I'm sure quite a few of those have substantial foreign-denominated deposits.


Title: Re: There's more money in Bitcoin than in...
Post by: Akka on March 21, 2013, 09:05:04 PM
Does this mean we all together could buy the Cayman Islands?

...

OK who's in?


Title: Re: There's more money in Bitcoin than in...
Post by: molecular on March 21, 2013, 09:05:46 PM
I'm sure quite a few of those have substantial foreign-denominated deposits.

oh yes. also: it doesn't count regular bank deposits. Only deposits at non-banks. It's basically the cash floating around as I understand it.

Still fun, though, and: The so-called "Bitcoin market capitalization" is also purely cash, not counting any bank deposits.


Title: Re: There's more money in Bitcoin than in...
Post by: molecular on March 21, 2013, 09:06:32 PM
Does this mean we all together could buy the Cayman Islands?

Nope. If you have $1000 in your house, does it mean I can buy your house?


Title: Re: There's more money in Bitcoin than in...
Post by: Vladimir on March 21, 2013, 09:07:41 PM
https://bitcointalk.org/index.php?topic=154954.0

great minds... lol


Title: Re: There's more money in Bitcoin than in...
Post by: myhoho on March 21, 2013, 09:09:56 PM
Oneday I will buy a small island state with 1 bitcoin )...


Title: Re: There's more money in Bitcoin than in...
Post by: Akka on March 21, 2013, 09:10:41 PM
Does this mean we all together could buy the Cayman Islands?

Nope. If you have $1000 in your house, does it mean I can buy your house?

Yes!

http://thumbs.dreamstime.com/thumblarge_443/1254931624qwedd4.jpg


That wasn't really a serious Question.


Title: Re: There's more money in Bitcoin than in...
Post by: asdf on March 21, 2013, 09:29:11 PM
Does this mean we all together could buy the Cayman Islands?

Nope. If you have $1000 in your house, does it mean I can buy your house?

Do you have $1000?


Title: Re: There's more money in Bitcoin than in...
Post by: Dabs on March 21, 2013, 10:15:54 PM
If you have enough bitcoins, you can hire me to get you your own island in the Philippines. If you don't have enough for an island, I can get you a house instead, with 18 foot high walls and armed guards. I just watched Zero Dark Thirty, so that kinda inspired me.


Title: Re: There's more money in Bitcoin than in...
Post by: mokahless on March 21, 2013, 10:45:27 PM
Does this mean we all together could buy the Cayman Islands?

...

OK who's in?

I already have one of those. It's the lower end but I unlocked the shaders.


Title: Re: There's more money in Bitcoin than in...
Post by: Lethn on March 22, 2013, 03:03:05 AM
I say we buy China :P


Title: Re: There's more money in Bitcoin than in...
Post by: Spaceman_Spiff on March 22, 2013, 03:16:31 AM
I say we buy China :P

You can:

https://www.bitmit.net/en/item/14612-fine-porcelain-cup-with-something-funny-ironic-written-on-it


Title: Re: There's more money in Bitcoin than in...
Post by: frga13 on March 22, 2013, 03:37:53 AM

You can:

https://www.bitmit.net/en/item/14612-fine-porcelain-cup-with-something-funny-ironic-written-on-it
;D


Title: Re: There's more money in Bitcoin than in...
Post by: Lethn on March 22, 2013, 07:12:01 AM
You damn troll! I meant the country and you know it! :P


Title: Re: There's more money in Bitcoin than in...
Post by: molecular on March 22, 2013, 07:29:55 AM
Does this mean we all together could buy the Cayman Islands?

Nope. If you have $1000 in your house, does it mean I can buy your house?

Do you have $1000?

Do you have a house?


Title: Re: There's more money in Bitcoin than in...
Post by: Spaceman_Spiff on March 22, 2013, 02:10:53 PM
You damn troll! I meant the country and you know it! :P

http://vipcoachella.files.wordpress.com/2013/02/1287666826226.png


Title: Re: There's more money in Bitcoin than in...
Post by: molecular on March 22, 2013, 02:22:29 PM
Vladimirs thread is more popular, so I'm locking this one.

https://bitcointalk.org/index.php?topic=154954.0