Saturday, June 21, 2014

How big is bitcoin? Saturday June 21, 2014

For this post all values are rounded.

As of today bitcoin has created
12,922,000 coins in circulation

At time of writing 1 bitcoin was $594 USD

This puts the total value of the coins at $7.7 billion USD and is roughly equivalent to what the federal reserve calls M0. For USD M0 is $3.9 trillion at present.

If Bitcoin were an economy, it would be the 149th largest in the world slightly larger than Montenegro and slightly smaller than Mauritania.