Bitcoin trades higher than 50% of the companies on NASDAQ in market cap...
Which is totally irrelevant
There is more money in bitcoin than a majority of the individual companies listed on NASDAQ.
There is no money in bitcoin, bitcoin _is_ money.
This is not capital.
It is the value of a bitcoin in dollars multiplied with the monetary base, as expressed by a few trades around the equilibrium.
If every owner of bitcoins sold all their holdings, how many dollars would they get? What would the buyers do with the bitcoins? What is the value of all the dollars, expressed in something else like euros? These questions are nonsensical.
It still feels good, I agree.