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vm_mpn (OP)
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October 13, 2015, 04:48:52 PM
 #1

Did you know?


At the moment one bitcoin worth close to 250 the most trusted and stable reserve currency units in the world (USD). *
It's 41 times more valuable than Seborga luigino - artificially pegged worlds highest valued currency.
Currently, one bitcoin can absorb complete index of over 160 world's currencies (including IMF conversion notes), and do this four times.

It's done so without any support of a single private financial institution, sovereign central bank, government mint or treasury... It's done so during massive fraud and abuse, rampant hacking and scam, and dismissive (at best) media coverage. If this is not a testament to longevity and bright future of the currency backed purely by trust of it's users, I do not know what will convince you.

USD   US Dollar                           1.00
EUR   Euro                                   1.1372584279
GBP   British Pound                   1.5247102652
INR   Indian Rupee                   0.0153613561
AUD   Australian Dollar           0.7292101787
CAD   Canadian Dollar                   0.7707584741
SGD   Singapore Dollar           0.7139611281
CHF   Swiss Franc                   1.0418455332
MYR   Malaysian Ringgit           0.2386652459
JPY   Japanese Yen                   0.0083446079
CNY   Chinese Yuan Renminbi   0.1576556156
NZD   New Zealand Dollar           0.6690722878
THB   Thai Baht                           0.0281020873
HUF   Hungarian Forint           0.0036620625
AED   Emirati Dirham                   0.2722459218
HKD   Hong Kong Dollar           0.1290316404
MXN   Mexican Peso                   0.060433008
ZAR   South African Rand           0.0744475242
PHP   Philippine Peso                   0.0217170321
SEK   Swedish Krona                   0.1229534801
IDR   Indonesian Rupiah           0.0000734262
SAR   Saudi Arabian Riyal           0.2666720043
BRL   Brazilian Real                   0.2607661025
TRY   Turkish Lira                   0.3386516643
KES   Kenyan Shilling                   0.0096965482
KRW   South Korean Won           0.0008710202
EGP   Egyptian Pound                   0.1276911071
IQD   Iraqi Dinar                    0.0008880994
NOK   Norwegian Krone           0.1231102163
KWD   Kuwaiti Dinar                   3.31050192
RUB   Russian Ruble                   0.0159520446
DKK   Danish Krone                   0.1524191053
PKR   Pakistani Rupee                   0.009579008
ILS   Israeli Shekel                   0.2587422705
PLN   Polish Zloty                   0.2688817547
QAR   Qatari Riyal                   0.274721741
OMR   Omani Rial                   2.5970664638
COP   Colombian Peso                   0.0003434504
CLP   Chilean Peso                   0.00146434
TWD   Taiwan New Dollar           0.0307460916
ARS   Argentine Peso                   0.105683934
CZK   Czech Koruna                   0.0419140401
VND   Vietnamese Dong           0.00004463
MAD   Moroccan Dirham           0.1038253258
JOD   Jordanian Dinar                   1.4102425443
BHD   Bahraini Dinar                   2.6508364519
XOF   CFA Franc                           0.0017337393
LKR   Sri Lankan Rupee           0.00711902
UAH   Ukrainian Hryvnia           0.0465138142
NGN   Nigerian Naira                   0.0050243693
TND   Tunisian Dinar                   0.5117351994
UGX   Ugandan Shilling           0.000272306
RON   Romanian New Leu           0.2575856512
BDT   Bangladeshi Taka           0.0128602882
PEN   Peruvian Nuevo Sol           0.3095018786
GEL   Georgian Lari                   0.41935446
XAF   Central African CFA Franc   0.0017337393
FJD   Fijian Dollar                   0.47099881
VEF   Venezuelan Bolivar           0.1574902616
BYR   Belarusian Ruble           0.0000578707
HRK   Croatian Kuna                   0.1492552235
UZS   Uzbekistani Som           0.00037747
BGN   Bulgarian Lev                   0.5814701304
DZD   Algerian Dinar                   0.0094739532
IRR   Iranian Rial                   0.0000330773
DOP   Dominican Peso                   0.0220945618
ISK   Icelandic Krona                   0.00800866
CRC   Costa Rican Colon           0.0018746886
SYP   Syrian Pound                   0.005297
LYD   Libyan Dinar                   0.740735826
JMD   Jamaican Dollar                   0.00838438
MUR   Mauritian Rupee                   0.0281694755
GHS   Ghanaian Cedi                   0.2617809932
AOA   Angolan Kwanza            0.007
UYU   Uruguayan Peso                   0.0343344976
AFN   Afghan Afghani                   0.0155569743
LBP   Lebanese Pound                   0.0006631799
XPF   CFP Franc                           0.0095302256
TTD   Trinidadian Dollar           0.1574455596
TZS   Tanzanian Shilling           0.00045882
ALL   Albanian Lek                   0.008142932
XCD   East Caribbean Dollar           0.37037037
GTQ   Guatemalan Quetzal           0.1302507414
NPR   Nepalese Rupee                   0.00959104
BOB   Bolivian Boliviano           0.1448272035
ZWD   Zimbabwean Dollar           0.0027631943
BBD   Barbadian or Bajan Dollar   0.5
CUC   Cuban Convertible Peso   1
LAK   Lao or Laotian Kip           0.0001229999
BND   Bruneian Dollar                   0.7139611281
BWP   Botswana Pula                   0.096548
HNL   Honduran Lempira           0.0454380807
PYG   Paraguayan Guarani           0.0001773899
ETB   Ethiopian Birr                   0.0477156212
NAD   Namibian Dollar                   0.0744475242
PGK   Papua New Guinean Kina   0.34699886
SDG   Sudanese Pound           0.1650168619
MOP   Macau Pataca                   0.1252734373
NIO   Nicaraguan Cordoba           0.03618613
BMD   Bermudian Dollar           1
KZT   Kazakhstani Tenge           0.0036235907
PAB   Panamanian Balboa           1
BAM   Bosnian Convertible Marka   0.581471001
GYD   Guyanese Dollar                   0.004826198
YER   Yemeni Rial                   0.0046479309
MGA   Malagasy Ariary                   0.00032186
KYD   Caymanian Dollar           1.2195122
MZN   Mozambican Metical           0.0233944383
RSD   Serbian Dinar                   0.0094693
SCR   Seychellois Rupee           0.0761184668
AMD   Armenian Dram                   0.00210995
SBD   Solomon Islander Dollar   0.125
AZN   Azerbaijani New Manat   0.95561843
SLL   Sierra Leonean Leone           0.00022913
TOP   Tongan Palanga            0.45635
BZD   Belizean Dollar                  0.501281381
MWK   Malawian Kwacha          0.0018024111
GMD   Gambian Dalasi                  0.0252035036
BIF   Burundian Franc                  0.0006389897
SOS   Somali Shilling                  0.00156608
HTG   Haitian Gourde                  0.0191877556
GNF   Guinean Franc                  0.0001341501
MVR   Maldivian Rufiyaa          0.064935012
MNT   Mongolian Tughrik          0.0005013801
CDF   Congolese Franc               0.00107
STD   Sao Tomean Dobra         0.0000465019
TJS   Tajikistani Somoni         0.1532449997
KPW   North Korean Won         0.0078064516
MMK   Burmese Kyat                 0.0007761306
LSL   Basotho Loti                 0.0744475242
LRD   Liberian Dollar                 0.01081082
KGS   Kyrgyzstani Som         0.01457579
GIP   Gibraltar Pound                 1.5247102652
MDL   Moldovan Leu                 0.0508266185
CUP   Cuban Peso                 0.0377358491
KHR   Cambodian Riel                 0.0002450222
MKD   Macedonian Denar         0.0184810871
VUV   Ni-Vanuatu Vatu   0.089764667
MRO   Mauritanian Ouguiya         0.0034253046
ANG   Dutch Guilder                 0.5586600936
SZL   Swazi Lilangeni                 0.0744475242
CVE   Cape Verdean Escudo       0.0103158606
SRD   Surinamese Dollar         0.3031003932
SVC   Salvadoran Colon         0.1142857143
BSD   Bahamian Dollar         1
XDR   IMF Special Drawing Rights   1.41113386
RWF   Rwandan Franc                0.0013575029
AWG   Aruban or Dutch Guilder  0.5586592179
DJF   Djiboutian Franc                0.0056420051
BTN   Bhutanese Ngultrum        0.0153613561
KMF   Comoran Franc                0.0023116524
WST   Samoan Tala                0.3849988596
SPL   Seborgan Luigino        6
ERN   Eritrean Nakfa               0.09551101
FKP   Falkland Island Pound       1.5247102652
SHP   Saint Helenian Pound       1.5247102652
JEP   Jersey Pound               1.5247102652
TMT   Turkmenistani Manat       0.2857142857
TVD   Tuvaluan Dollar               0.7292101787
IMP   Isle of Man Pound      1.5247102652
GGP   Guernsey Pound              1.5247102652
ZMW   Zambian Kwacha      0.0855431646
      
Total                        $56.3878492593 

Bitcoin                          $248



* Yes, I can see the irony.
AgentofCoin
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October 13, 2015, 05:14:35 PM
 #2

Interesting way to present the data.
Kind of funny when you look at it (btc) this way.



I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
pereira4
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October 13, 2015, 05:16:01 PM
 #3

Bitcoin is the ultimate form of money. The only reason it isn't the worldwide currency that people that understands barriers in money are stupid it's because of the states and the monopoly of violence (armies) backing up the fiats, not because they are better money. So yeah, it's pretty much fucked up how they are stopping progress.
Betwrong
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October 13, 2015, 05:45:44 PM
 #4

Did you know?


At the moment one bitcoin worth close to 250 the most trusted and stable reserve currency units in the world (USD). *
It's 41 times more valuable than Seborga luigino - artificially pegged worlds highest valued currency.
Currently, one bitcoin can absorb complete index of over 160 world's currencies (including IMF conversion notes), and do this four times.

It's done so without any support of a single private financial institution, sovereign central bank, government mint or treasury... It's done so during massive fraud and abuse, rampant hacking and scam, and dismissive (at best) media coverage. If this is not a testament to longevity and bright future of the currency backed purely by trust of it's users, I do not know what will convince you.

USD   US Dollar                           1.00
EUR   Euro                                   1.1372584279
GBP   British Pound                   1.5247102652
INR   Indian Rupee                   0.0153613561
AUD   Australian Dollar           0.7292101787
CAD   Canadian Dollar                   0.7707584741
SGD   Singapore Dollar           0.7139611281
CHF   Swiss Franc                   1.0418455332
MYR   Malaysian Ringgit           0.2386652459
JPY   Japanese Yen                   0.0083446079
CNY   Chinese Yuan Renminbi   0.1576556156
NZD   New Zealand Dollar           0.6690722878
THB   Thai Baht                           0.0281020873
HUF   Hungarian Forint           0.0036620625
AED   Emirati Dirham                   0.2722459218
HKD   Hong Kong Dollar           0.1290316404
MXN   Mexican Peso                   0.060433008
ZAR   South African Rand           0.0744475242
PHP   Philippine Peso                   0.0217170321
SEK   Swedish Krona                   0.1229534801
IDR   Indonesian Rupiah           0.0000734262
SAR   Saudi Arabian Riyal           0.2666720043
BRL   Brazilian Real                   0.2607661025
TRY   Turkish Lira                   0.3386516643
KES   Kenyan Shilling                   0.0096965482
KRW   South Korean Won           0.0008710202
EGP   Egyptian Pound                   0.1276911071
IQD   Iraqi Dinar                    0.0008880994
NOK   Norwegian Krone           0.1231102163
KWD   Kuwaiti Dinar                   3.31050192
RUB   Russian Ruble                   0.0159520446
DKK   Danish Krone                   0.1524191053
PKR   Pakistani Rupee                   0.009579008
ILS   Israeli Shekel                   0.2587422705
PLN   Polish Zloty                   0.2688817547
QAR   Qatari Riyal                   0.274721741
OMR   Omani Rial                   2.5970664638
COP   Colombian Peso                   0.0003434504
CLP   Chilean Peso                   0.00146434
TWD   Taiwan New Dollar           0.0307460916
ARS   Argentine Peso                   0.105683934
CZK   Czech Koruna                   0.0419140401
VND   Vietnamese Dong           0.00004463
MAD   Moroccan Dirham           0.1038253258
JOD   Jordanian Dinar                   1.4102425443
BHD   Bahraini Dinar                   2.6508364519
XOF   CFA Franc                           0.0017337393
LKR   Sri Lankan Rupee           0.00711902
UAH   Ukrainian Hryvnia           0.0465138142
NGN   Nigerian Naira                   0.0050243693
TND   Tunisian Dinar                   0.5117351994
UGX   Ugandan Shilling           0.000272306
RON   Romanian New Leu           0.2575856512
BDT   Bangladeshi Taka           0.0128602882
PEN   Peruvian Nuevo Sol           0.3095018786
GEL   Georgian Lari                   0.41935446
XAF   Central African CFA Franc   0.0017337393
FJD   Fijian Dollar                   0.47099881
VEF   Venezuelan Bolivar           0.1574902616
BYR   Belarusian Ruble           0.0000578707
HRK   Croatian Kuna                   0.1492552235
UZS   Uzbekistani Som           0.00037747
BGN   Bulgarian Lev                   0.5814701304
DZD   Algerian Dinar                   0.0094739532
IRR   Iranian Rial                   0.0000330773
DOP   Dominican Peso                   0.0220945618
ISK   Icelandic Krona                   0.00800866
CRC   Costa Rican Colon           0.0018746886
SYP   Syrian Pound                   0.005297
LYD   Libyan Dinar                   0.740735826
JMD   Jamaican Dollar                   0.00838438
MUR   Mauritian Rupee                   0.0281694755
GHS   Ghanaian Cedi                   0.2617809932
AOA   Angolan Kwanza            0.007
UYU   Uruguayan Peso                   0.0343344976
AFN   Afghan Afghani                   0.0155569743
LBP   Lebanese Pound                   0.0006631799
XPF   CFP Franc                           0.0095302256
TTD   Trinidadian Dollar           0.1574455596
TZS   Tanzanian Shilling           0.00045882
ALL   Albanian Lek                   0.008142932
XCD   East Caribbean Dollar           0.37037037
GTQ   Guatemalan Quetzal           0.1302507414
NPR   Nepalese Rupee                   0.00959104
BOB   Bolivian Boliviano           0.1448272035
ZWD   Zimbabwean Dollar           0.0027631943
BBD   Barbadian or Bajan Dollar   0.5
CUC   Cuban Convertible Peso   1
LAK   Lao or Laotian Kip           0.0001229999
BND   Bruneian Dollar                   0.7139611281
BWP   Botswana Pula                   0.096548
HNL   Honduran Lempira           0.0454380807
PYG   Paraguayan Guarani           0.0001773899
ETB   Ethiopian Birr                   0.0477156212
NAD   Namibian Dollar                   0.0744475242
PGK   Papua New Guinean Kina   0.34699886
SDG   Sudanese Pound           0.1650168619
MOP   Macau Pataca                   0.1252734373
NIO   Nicaraguan Cordoba           0.03618613
BMD   Bermudian Dollar           1
KZT   Kazakhstani Tenge           0.0036235907
PAB   Panamanian Balboa           1
BAM   Bosnian Convertible Marka   0.581471001
GYD   Guyanese Dollar                   0.004826198
YER   Yemeni Rial                   0.0046479309
MGA   Malagasy Ariary                   0.00032186
KYD   Caymanian Dollar           1.2195122
MZN   Mozambican Metical           0.0233944383
RSD   Serbian Dinar                   0.0094693
SCR   Seychellois Rupee           0.0761184668
AMD   Armenian Dram                   0.00210995
SBD   Solomon Islander Dollar   0.125
AZN   Azerbaijani New Manat   0.95561843
SLL   Sierra Leonean Leone           0.00022913
TOP   Tongan Palanga            0.45635
BZD   Belizean Dollar                  0.501281381
MWK   Malawian Kwacha          0.0018024111
GMD   Gambian Dalasi                  0.0252035036
BIF   Burundian Franc                  0.0006389897
SOS   Somali Shilling                  0.00156608
HTG   Haitian Gourde                  0.0191877556
GNF   Guinean Franc                  0.0001341501
MVR   Maldivian Rufiyaa          0.064935012
MNT   Mongolian Tughrik          0.0005013801
CDF   Congolese Franc               0.00107
STD   Sao Tomean Dobra         0.0000465019
TJS   Tajikistani Somoni         0.1532449997
KPW   North Korean Won         0.0078064516
MMK   Burmese Kyat                 0.0007761306
LSL   Basotho Loti                 0.0744475242
LRD   Liberian Dollar                 0.01081082
KGS   Kyrgyzstani Som         0.01457579
GIP   Gibraltar Pound                 1.5247102652
MDL   Moldovan Leu                 0.0508266185
CUP   Cuban Peso                 0.0377358491
KHR   Cambodian Riel                 0.0002450222
MKD   Macedonian Denar         0.0184810871
VUV   Ni-Vanuatu Vatu   0.089764667
MRO   Mauritanian Ouguiya         0.0034253046
ANG   Dutch Guilder                 0.5586600936
SZL   Swazi Lilangeni                 0.0744475242
CVE   Cape Verdean Escudo       0.0103158606
SRD   Surinamese Dollar         0.3031003932
SVC   Salvadoran Colon         0.1142857143
BSD   Bahamian Dollar         1
XDR   IMF Special Drawing Rights   1.41113386
RWF   Rwandan Franc                0.0013575029
AWG   Aruban or Dutch Guilder  0.5586592179
DJF   Djiboutian Franc                0.0056420051
BTN   Bhutanese Ngultrum        0.0153613561
KMF   Comoran Franc                0.0023116524
WST   Samoan Tala                0.3849988596
SPL   Seborgan Luigino        6
ERN   Eritrean Nakfa               0.09551101
FKP   Falkland Island Pound       1.5247102652
SHP   Saint Helenian Pound       1.5247102652
JEP   Jersey Pound               1.5247102652
TMT   Turkmenistani Manat       0.2857142857
TVD   Tuvaluan Dollar               0.7292101787
IMP   Isle of Man Pound      1.5247102652
GGP   Guernsey Pound              1.5247102652
ZMW   Zambian Kwacha      0.0855431646
      
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* Yes, I can see the irony.

Thanks for your post! No, I didn't know about Principality of Seborga before reading your post. They even have a Prince, wow!  Grin
I thought I was aware of any state in Europe.  Smiley

Actually I think you made a good presentation which may be understandable to regular people. If I were a journalist  I'd immediately made a front-page story of it.

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hunnaryb
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October 13, 2015, 05:53:45 PM
 #5

The price isn't supported by its users. Btc is just another market, and every market is there to facilitate wealth distribution even if it is poor.

 

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October 13, 2015, 06:15:50 PM
 #6

time to sell my Mongolian Tughrik   Lips sealed

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October 13, 2015, 06:40:10 PM
 #7

I saw our currency price is low. Seborga one of the highest before bitcoin,I didnt hear it before. but the difference is seborga is a local currencies then the bitcoin is Cryptocurrencies or you can called ecurrency.
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October 13, 2015, 07:20:09 PM
 #8

time to sell my Mongolian Tughrik   Lips sealed

I would leave your Mongolian Tugrik alone. With how things are going Mongolian Tugrik could be last standing fiat currency. Damn Mongolians :-)
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October 13, 2015, 07:46:21 PM
 #9

Today I Learned about the Seborgan Luigino (1 SPL = 6 USD)
Thanks OP
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October 13, 2015, 07:59:20 PM
 #10

Yes, but things won't look so good when you compare PIB and number of units in circulation
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October 13, 2015, 08:16:42 PM
 #11

Yes, but things won't look so good when you compare PIB and number of units in circulation

Exactly the thought in my mind. There is only 21 million bitcoins but how many million euros are out there for example? Or any other currency?

I get what you tried to do OP, but you have presented only half of the story!
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October 13, 2015, 08:24:41 PM
 #12

Preety great statistic work you did.Do you included complimentary currencys statistics.Compare to them btc is like drop in ocean and now thayare more and more popular,citi currencys,industry currencys,biggest is still swiss gold frank running from 1932with mln daily exchange

 
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October 13, 2015, 08:42:54 PM
 #13

All fair points folks... However, you do understand this thread has been created for entertainment purpose mostly, right?

Appreciate lovely discussion though.
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October 13, 2015, 10:15:42 PM
 #14

Interesting statistics, bitcoin will probably still be the most stable currency for the next 5-10 years.
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October 14, 2015, 02:51:14 AM
 #15

Interesting way to look at bitcoin vs other currency. What makes bitcoin worth even more is the limited supply! There are only 21 million coins and about 2-3 millions (my guess which most likely is wrong) is lost forever!
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October 14, 2015, 05:51:12 AM
 #16

What in the world is a Seborgan Dollar? Huh

Anyways, great presentation. I like the fact that even if you add up those numbers together, still it wouldn't surpass bitcoin's price in USD.

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October 14, 2015, 06:45:27 AM
 #17

The data would look quite different if you would start at the lowest denomiting unit.

1 cent equals 0.01 dollar
1 satoshi equals 0.0000025 dollar

It all depends on how you present the data.
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October 14, 2015, 06:51:32 AM
 #18

If this is not a testament to longevity and bright future of the currency backed purely by trust of it's users, I do not know what will convince you.

Surely this argument claims an even brighter future for 42-coin?  A single unit of this 2-year-old, active altcoin is currently worth about 460 USD, nearly twice as much as a bitcoin!
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October 14, 2015, 07:02:02 AM
 #19

Only problem with this is, we need to take in consideration that most countries see Bitcoin as a commodity, and it's even more interesting when you compare Bitcoin to the other commodities. It will also out perform things like gold and silver and platinum for that matter.

You need to look at it from all sides to get a better picture. ^LoL^

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October 14, 2015, 07:33:09 AM
 #20

Firstly can you explain better what does it mean this sentence: "can absorb complete index of over 160 world's currencies (including IMF conversion notes), and do this four times."

Sorry but my knowledges don't allow me to understand the real meaning of this phrase and what mean (the importance of) this meaning for the bitcoin.

Then it will be better if you give the source of this news. This can give to much info about its importance. This list is an list made by you yourself, by an institution, it is a formal list published in some financial place or site, or is a list made from some organization which have to do with bitcoin? Or what? Then, even maybe everyone of us who are in this forum might not like this, this list doesn't mean that bitcoin is known or is used in all those countries. I bet in this. All the currencies are connected (changed) with each other and it is not hard to create a such lists and to publish those using the rates of the change between all those. I think that are other data those who can give an real and right idea about the importance and the power that bitcoin have in each of those countries.
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