Have you seen this? All the Money in the World - Visual from demonocracy

[centralbanksequalsbombs]

I encourage you to scroll through this cool visual here of the liquidity pyramid which includes bitcoin (Jan 2017 already being dated):

http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html

Have you seen this?

Surprised by anything here?
Thoughts?

[bitcoinmaniac52]

I encourage you to scroll through this cool visual here of the liquidity pyramid which includes bitcoin (Jan 2017 already being dated):

http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html

Have you seen this?

Surprised by anything here?
Thoughts?

This is a really amazing graphic. However, I do think the scale is off for Bitcoin's market cap compared to the billionaires listed.

With that said, $1,000,000 seems a lot smaller now when you compare it to $1,000,000,000,000. hahaha

[alexius89-2]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

[skyline247]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

[BitcoinBarrel]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

[skyline247]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

That is a good point which is also of note. I also believe this to be true. However, it does not change my point about the public infrastructure which even homeless people can take advantage of for free. (Example: they use supermarket washrooms to wash up, air conditioning, etc.)

Many, many countries do not have air conditioning in most buildings. We take it for granted.

[centralbanksequalsbombs]

Interesting viewpoints.

Hmm, well I was amazed about the $50 Trillion in Fiat money in Banks available for withdrawal at anytime.
Bitcoin isn't even ONE PERCENT of that?!

[centralbanksequalsbombs]

I encourage you to scroll through this cool visual here of the liquidity pyramid which includes bitcoin (Jan 2017 already being dated):

http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html

Have you seen this?

Surprised by anything here?
Thoughts?

Anyway to make or summarize this visual into one pic in a post here? Or is it impossible because of how long it is and the endless scrolling?

[TheGodson]

This graphic is really cool. I especially liked it at the beginning. When it started getting really big it was just too much to wrap my mind around.

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

I just checked out my own wealth at Global Rich List and I'm in the top 1.03% when it comes to income, which is shocking since from where I'm from it isn't even considered that much. It isn't bad, but it isn't considered crazy wealthy. Surprisingly enough when I went to the wealth calculation it was 12.63%. I expected it to be even smaller since I love to save/invest, but that was not the case.

[centralbanksequalsbombs]

This graphic is really cool. I especially liked it at the beginning. When it started getting really big it was just too much to wrap my mind around.

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

I just checked out my own wealth at Global Rich List and I'm in the top 1.03% when it comes to income, which is shocking since from where I'm from it isn't even considered that much. It isn't bad, but it isn't considered crazy wealthy. Surprisingly enough when I went to the wealth calculation it was 12.63%. I expected it to be even smaller since I love to save/invest, but that was not the case.

Thank you and thats great news for you.

I hope this visual at the url in the OP helps teach something to readers here.

It gives great reason for the past, present and future rise of Bitcoin's price as fiat is continually devalued and worthless.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter. Bitcoin cannot be controlled.

On the opposite end of the spectrum the global fiat system broke a couple of decades ago.
Fiat around the world is heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-insurance fraud
-false claims and insurance losses
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

[centralbanksequalsbombs]

Speaking of all the money in the world -
Here is how GLOBAL bitcoin is - see the Bitcoin top countries for trade here:
https://bitcointalk.org/index.php?topic=1853019.0

[centralbanksequalsbombs]

I encourage you to scroll through this cool visual here of the liquidity pyramid which includes bitcoin (Jan 2017 already being dated):

http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html

Have you seen this?

Surprised by anything here?
Thoughts?

Is having a fiat, debt-based monetary system a good thing for the world?

[Za1n]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

Man this is so true. I know many people with a nice house, nice cars, nice clothes and who are in debit up their their eyeballs and beyond. You are right the net worth of the homeless man with no debt and a few coins in his pocket is higher than most of the debt slaves living in their bank owned houses, bank owned cars, and wearing their credit card charged clothes as their paychecks for the next 40 years are already allotted to someone else.

If Bitcoin even has a small impact on changing this scenario for even a few people the world will become a much better place.

[centralbanksequalsbombs]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

Man this is so true. I know many people with a nice house, nice cars, nice clothes and who are in debit up their their eyeballs and beyond. You are right the net worth of the homeless man with no debt and a few coins in his pocket is higher than most of the debt slaves living in their bank owned houses, bank owned cars, and wearing their credit card charged clothes as their paychecks for the next 40 years are already allotted to someone else.

If Bitcoin even has a small impact on changing this scenario for even a few people the world will become a much better place.

Yes competition is a good thing. Monopolies of money by central banks around the world is a system of slavery.

[dificanovi]

Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

Man this is so true. I know many people with a nice house, nice cars, nice clothes and who are in debit up their their eyeballs and beyond. You are right the net worth of the homeless man with no debt and a few coins in his pocket is higher than most of the debt slaves living in their bank owned houses, bank owned cars, and wearing their credit card charged clothes as their paychecks for the next 40 years are already allotted to someone else.

If Bitcoin even has a small impact on changing this scenario for even a few people the world will become a much better place.

indeed people who own luxury cars and luxury homes mostly have debt to the bank. it would be nice if we invest with bitcoin maybe we will not owe to the bank. most people invest with bitcoin they get a big profit, then they will not owe it to the bank.

[Iranus]

This claims that Bitcoin's market cap is 14 billion dollars, so it was either last updated in November-December 2013 during the last bull market or in December 2016-January 2017 of this bull market.  Either way, it's hideously outdated and no longer represents the Bitcoin market/crypto market as a whole.

Furthermore, I'm not sure what the relevance of this actually is, because it assumes that the value of the Bitcoin market could suddenly be "withdrawn" and all of the money would be in physical cash, which is obviously impossible.

On the opposite end of the spectrum the global fiat system broke a couple of decades ago.

It's shit by nature, but it's not broken yet.  That'll happen once people start paying back their debts to banks, but it could take a long time.

[centralbanksequalsbombs]

This claims that Bitcoin's market cap is 14 billion dollars, so it was either last updated in November-December 2013 during the last bull market or in December 2016-January 2017 of this bull market.  Either way, it's hideously outdated and no longer represents the Bitcoin market/crypto market as a whole.

Haha. The link clearly marks January 2017. How did you miss this?

Furthermore, I'm not sure what the relevance of this actually is, because it assumes that the value of the Bitcoin market could suddenly be "withdrawn" and all of the money would be in physical cash, which is obviously impossible.

LOL. Same for every other asset listed in the world.

All the value of real-estate to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of gold to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of stocks to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of bonds to be suddenly "withdrawn" in physical cash would be obviously impossible.

On the opposite end of the spectrum the global fiat system broke a couple of decades ago.

It's shit by nature, but it's not broken yet.  That'll happen once people start paying back their debts to banks, but it could take a long time.

Cool thanks for sharing your thoughts.

[centralbanksequalsbombs]

I'm  wondering if demonocracy will update their webpage visual in 2018?

[andrew24p]

This is exactly why I tell people we are still in early days. I mean we arent going to eat a majority portion of that money, but even just grabbing a small amount, we have a large potential for growth.

[centralbanksequalsbombs]

This is exactly why I tell people we are still in early days. I mean we arent going to eat a majority portion of that money, but even just grabbing a small amount, we have a large potential for growth.

exactly.

Five years from now, towards end of 2022, isn't everyone going to point to today and how could you have passed on such an amazing opportunity!?