It puts things in perspective when you realise that bitcoin, right now, is the size of a bacteria sitting on a microbe of a flea's skin, with the flea sitting on the back of the dog that's walking with the man who is driving a car along a highway, where the highway cuts across a country that is part of the world that makes up Planet Earth. bitcoin is the bacteria and Earth is the global derivatives markets. Yep, that's quite a difference.
bitcoin as compared to narrow money, broad money and the global derivatives markets in this picture from The Money Project.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
