Bitcoin is 6Th Largest Currency by Circulation

[BitSat]

Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each, meaning that the total value of all Bitcoins in circulation is $180 bln.

While the number is substantial, should Bitcoin rise to $15,000, it will overtake the next highest circulating currency, the Rupee. The other four currencies outranking Bitcoin are the Yen, Yuan, Euro, and Dollar, all of which have dramatically greater levels of currency in circulation (the Dollar, for example, stands at $1.4 tln).

https://cointelegraph.com/news/bitcoin-is-6th-largest-currency-in-the-world-by-circulation

[Keptone]

A great News and ideology initiated by statoshi... But many works need to be done on transaction fee

[nskendrovic]

Some people aren't calling Bitcoin a currency anymore. It is being called a store of value. I don't know what to believe.

[Iranus]

A huge amount of BTC travels to and from exchanges, hence why the trading volume is around $7,000,000,000.

Since BTC is somewhat scarce and not inflationary, plus the fact that it can be used internationally and has nothing to peg down the price, the number of people that actually use it as a currency seems to be insignificant and the number of merchants that accept it is also insignificant.

Comparing BTC's market cap to a fiat currency's market cap is unreasonable, because fiat currencies aren't hoarded so much.

[bitfocus]

This is a great news for Bitcoin Lovers! Thanks for sharing. And I would like to see Bitcoin on the top or others

[greeklogos]

Did you just copy-pasted this news from the Press board  ? This news is not new, I have commented it already https://bitcointalk.org/index.php?topic=2506237.msg25665978#msg25665978

[Raisul Islam]

it's a good news.i wish it will be make number one cryptocurrency in the world and every parson use bitcoin as his/her local currency.thank you.

[BitcoinBallerina]

Did you just copy-pasted this news from the Press board  ? This news is not new, I have commented it already https://bitcointalk.org/index.php?topic=2506237.msg25665978#msg25665978

Yeah I think this guy just copied and pasted because I see it in multiple places now, the same information.

[CryptosapienZA]

Some people aren't calling Bitcoin a currency anymore. It is being called a store of value. I don't know what to believe.

Lol.. Hey don't burst our bubble. Don't you know we are hypocrites. We will call bitcoin a store of value when its convenient and we will call it a currency when its convenient.