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Re:Bitcoin is a disaster by pojzon on Thursday December 31, 2020 @07:14PM (#25598937)
To give an another view:

600bn is more than gdp of majority of countries.

Re:Bitcoin is a disaster by sharpneli on Thursday December 31, 2020 @08:18PM (#25599663)
For individual humans that’s like saying ”My net worth is $100k and that is more than most people earn in a year”. Yes that is true, it is larger. But it is meaningless comparison and misleading at best.
Re:Bitcoin is a disaster by pjlegato on Thursday December 31, 2020 @07:27PM (#25599062)
Correct, and those countries' economies also give us little to no signal about US dollar inflation. The proposition was that BTC prices somehow inform us about that.
Re:Bitcoin is a disaster by fernmyth on Thursday December 31, 2020 @07:58PM (#25599429)
Market cap is a stock. GDP is a flow. Comparing the two is nonsense.
Re:Bitcoin is a disaster by imtringued on Thursday December 31, 2020 @07:59PM (#25599437)
GDP is income. What you are doing is the equivalent of comparing your mortgage payment with the price of the house when you bought it.
Re:Bitcoin is a disaster by chii on Thursday December 31, 2020 @08:54PM (#25599962)
comparing GDP to market cap is also a very irrelevant kind of comparison. Just because the use the same dimension (like dollar) doesn't mean they are directly comparable.