That's really neat, but there's no links on the page about how they came up with those numbers. I wonder how market cap of currencies is calculated, simply using M2 or M3? It's hard to figure this out since with fiat you have to first figure out, what is money? Do you count all the debt that is treated like money?
And I wonder about China, the other attempt at figuring this out that I have seen came up with a much smaller figure. smaller than USD even. Maybe they were using M0?
Nice infographic! It looks to me like the infographic used M0, not reflecting debt. The guy from fiatmarketcap said he used M3, some people did argue that another metric might be better. It would be interesting to be able to compare others.
It has realistic value because there is commercial demand for it, furthermore people **actually use it**, all of which creates actual circulation of the "coin".
Sure some people hold but they only hold a small percentage, majority of people use or intend to use it in the short term.
I think ya got wooshed my man.
It was a satirical joke meant to contrast the weaknesses of the dollar vs a trustless, decentralized, public ledger. I especially was making light of people who shit on altcoins with a large circulating supply--as if that really matters when you're goals include adoption on a global scale.