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Documenting Bitcoin, a Twitter account that commemorates interesting and impressive milestones in the life of the flagship cryptocurrency, has noted that, now, some new models of Tesla‘s electric vehicle cost less than one Bitcoin (BTC).
At the same time, the net market capitalization of Bitcoin (BTC) began surpassing the total value of the currency supply of some large countries. According to the calculations of Documenting Bitcoin, the king coin is now the 17th currency in the world by market capitalization.
Be your own bank
Gabor Gurbacs, VanEck’s digital asset director, has shared the comparison of net capitalizations of the world’s top-tier banks. According to his tweet, Bitcoin‘s (BTC) market cap is far greater than that of any competitor.
Recently, Bitcoin (BTC) became the world’s most valued payment system, surpassing all centralized competitors including PayPal. It is interesting because some top payment mechanisms allow for operations with Bitcoin (BTC).
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Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.
Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)