Monday, October 20, 2014

How Big is Bitcoin? Monday October 20, 2014

For this post all values are rounded.

As of today bitcoin has created
13,400,725 coins in circulation

At time of writing 1 bitcoin was $385 USD

This puts the total value of the coins at $5.2 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 162nd largest in the world slightly larger than Jersey and slightly smaller than Burundi.