Bitcoin Market Cap > 1% of USD Monetary Base

[theonewhowaskazu]

Just saying.

That seems like a development that could get us some press sometime.... maybe?

[kdrop22]

wow, impressive benchmark.
1% of M0 money supply?

[mvidetto]

Yeah it would definitely get a lot of press attention, but that amount of capitalization in bitcoin is going to take some serious time.  1% of lets say 10T is still 100B and thats 30x more than current prices today, so this just means we have to wait another year or two lol.

[theonewhowaskazu]

We're not that far away. Currently we're more than 0.1%. At Bitcoin's growth rate, in about a year we should be there.